ANZ strategy takes aim at lagging Aussie retail
New CEO Nuno Matos said that while the New Zealand operations were performing well, the core Australian businesses were behind the competition.
ANZ shares have put on more than 20% since Nuno Matos began his tenure in July.
ANZ chief executive Nuno Matos has unveiled a five-year strategy for the bank to “get back to basics”, with a major focus on improving its underperforming retail business in Australia.
Matos – who took over from the long-serving Shayne Elliott in July – fronted an analysts’ conference in
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