Elliott says that level of intensity in terms of focus has grown over time at ANZ in response to the increasingly complex nature of banking.
“We should choose to do a few things and do them really, really well,” he says. “And that’s essentially, from an investor’s point of view, what we’re doing.”
“We want to be the best bank in Australia and New Zealand for people that want to buy and own a home or start and run a small business.
“For institutional clients, we want to be the best bank in the world, for people who in the business of moving goods and money around Asia. It’s really about intense focus and delivery on those segments.”