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ANZ Pacific Chief, Vishnu Mohan, To Retire

ANZ Pacific chief executive, Vishnu Mohan, has decided to retire after 40 years in the banking industry spanning 11 countries across the Middle East, North America, Africa, South East Asia
01 Apr 2016 10:39
ANZ Pacific Chief, Vishnu Mohan, To Retire
Vishnu Mohan.

ANZ Pacific chief executive, Vishnu Mohan, has decided to retire after 40 years in the banking industry spanning 11 countries across the Middle East, North America, Africa, South East Asia and most recently the Pacific. Mr Mohan’s last day will be April 30.

ANZ Group Executive and CEO New Zealand, David Hisco, paid tribute to Mr Mohan.

“Vishnu has steadfastly helped build ANZ Pacific into the strong business that it is today,” Mr Hisco said.

“In particular, Vishnu passionately and diligently helped build ANZ’s significant presence in Papua New Guinea and he’s been a great advocate for the development of Pacific nationals. We’ll always be grateful to him for that.”

Mr Mohan, who has been at ANZ seven and a half years, started his career with Standard Chartered Bank in 1977 and held many senior positions including country CEO roles in Ghana, Thailand and Sri Lanka.

With the Papua New Guinea business now reporting through to ANZ Australia and the rest of the Pacific business through ANZ New Zealand, Mr Mohan has in recent weeks developed a new business strategy for the region.

He said with that now completed, it was time for him to pass on the mantle.

“I’ve loved every minute of leading ANZ Pacific, but it’s now time to do something else with my life and spend more time with my family,” Mr Mohan said.

“Every day we help Pacific people get ahead in their lives, whether it’s starting up a business, trading with the world, saving for a home or retiring in comfort.”

 

Acting for time being

Mr Hisco said the current Head of Commercial in the Pacific, Saud Abdul Minam, would become Acting Country Head – Fiji and a formal process for filling the role would commence in due course.

He would also look to fill a new role, Regional Executive Pacific Islands, very soon.

Mr Hisco said a key part of Mr Mohan’s new business strategy was simplifying the business for customers, simplifying reporting lines across ANZ Pacific and streamlining processes for customer facing staff.

“These simplifications are being done to create more distinct country focussed service models based on improving our customer service,” Mr Hisco said.

“We will continue to look for collaboration amongst Country Heads across the region, create more promotional opportunities for locals and reduce bureaucracy wherever possible.”

All these changes were subject to the necessary regulatory approvals.

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