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Elliott reiterates Asia commitment

ANZ CEO Shayne Elliott has reiterated the bank's commitment to its Asian presence but says the lender will need to work harder to drive value from what it has built in the region.

Speaking in a video to ANZ staff, Elliott said the bank remains totally committed to Asia. 

"Our customers are committed to Asia … so we have to be there too."
Shayne Elliott, Chief Executive Officer, ANZ

Elliott reiterates Asia commitment

“When I think about that, it's no different to asking are we committed to Western Australia or are we New Zealand,” he said. “Of course we are, it's who and what we do.” 

Elliott said ANZ was focussed on driving value for customers and shareholders throughout the region. 

“Our customers are committed to Asia as that's where they're trading and that's where they're investing,” he said. “So we have to be there too.”

“What we do have to do now is really drive value from what we've built. So yeah, we have to work a little harder now.” 

ANZ recently unveiled changes to its management structure aimed at refocussing on its strengths and driving value at the bank, including the appointment of former Google Australia boss Maile Carnegie to the new position of Group Executive Digital Banking.

The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.

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