ANZ Bankers in Hong Kong, Singapore, Australia to Exit in Revamp
At least 10 senior bankers at ANZ Group are leaving the firm by October, according to people familiar with the matter and an internal memo seen by Bloomberg News, as the Australian lender overhauls the business under its new boss.
Australian bank ANZ is revamping its operations by offloading senior executives in Hong Kong, Singapore and Australia. The overhaul is led by CEO Nuno Matos, who has been in charge since May 2025. The target is to reduce redundancy and cut costs, which includes a significant workforce reduction of around 3,500 employees, or 8% of the firm's 42,000-strong workforce. Many of the departing staff had been with ANZ for over 10 years.
Among the exiting executives are Hong Kong-based John Corrin, head of corporate finance and international, and Andrew Harward, head of corporate finance for North Asia and head of structured asset finance. Both will leave on October 1. In Singapore, Ian Mathews, executive director for project, export and sustainable finance, will go on garden leave from early October.
Mathews has worked at ANZ for nearly three decades. Other exits include David Roberts, executive director for innovative transition solutions, and his team, as well as Aaron Ross, global head of project, export and asset finance. Their departure is tied to the discontinuation of ANZ's non-bank ESG origination and independent financial advisory function.
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