Ex deputy CEO closes 27 year chapter at ANZ
ANZ Banking Group has confirmed that long-time executive and current non-executive director Graham Hodges will retire from the boards of Australia and New Zealand Banking Group and ANZ BH on 8 February, at the conclusion of his three-year term.
Hodges joined both boards on 8 February 2023 following ANZ’s move to a non-operating holding company (NOHC) structure, which created distinct banking and non‑banking groups within the organisation. His appointment was for a fixed three‑year term aligned to that restructuring phase, serving as a non‑executive director throughout.
“We thank Graham for his enormous contribution to ANZ,” ANZ Group chairman Paul O’Sullivan said in a media release. “His significant financial services experience and deep knowledge of ANZ have been particularly beneficial and we wish him and his family all the best for his future.”
Veteran ANZ leader with deep policy and international experience
Hodges’ retirement closes another chapter in a long association with ANZ. Before stepping down from executive roles in 2018, he spent 27 years with the bank in senior positions across finance, operations and frontline leadership, including deputy CEO, CFO, head of HR, head of operations and CEO Australia.
From November 2005 to May 2009, he was CEO New Zealand and a director of ANZ National Bank, overseeing ANZ Group’s New Zealand business. Earlier in his career, he worked at the Australian Commonwealth Treasury and was seconded to the International Monetary Fund in Washington.
Board and governance roles beyond ANZ
Hodges has also chaired ANZ’s special assets management board, Esanda and ANZ Wealth, and served on the Australian government’s Aged Care Financing Authority.
Outside ANZ, he is chairman of Regis Healthcare (director from 2017, chairman from 2018) and a director of Assemble Communities (since 2017), and was a director of AmBank Holdings Berhad from 2016 to 2021.
Board refresh as ANZ’s NOHC structure beds down
Hodges’ departure will form part of ANZ’s ongoing board renewal as the NOHC structure continues to bed down. While no successor was named in the announcement, the bank signalled its appreciation for the leadership continuity and institutional knowledge he provided during a crucial transition period.
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