“Part of that has been that we’ve actually sold parts of our business. It doesn’t mean we’re pulling out of Asia, not at all. Asia is so critical to our strategy.”
Elliott said ANZ’s strategy was to be the best bank in the world for companies in the business of moving goods and money around Asia, meaning the region will always be core to the bank.
“We’ve always been a bank focused on trade and we’ve always been outward looking,” he said.
“That’s not going to change and I can’t conceive an ANZ not heavily invested in and heavily interested in… Asia.”
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Andrew Cornell is managing editor at BlueNotes