Australia and New Zealand Banking (ANZ) Group has announced the appointment of Tessa Price as the new regional executive for Pacific Islands.

ANZ Group Executive and ANZ New Zealand CEO David Hisco said: “Tessa Price is to lead ANZ Pacific in the new role of Regional Executive.”

Ms Price will be the first woman to lead ANZ’s Pacific business and will report to Mr Hisco.

Each of the Pacific country heads will now report to Ms Price.

Mr Hisco said: “Her experiences will be useful as we look to remove duplication and streamline processes for our Pacific customers and customer facing staff.”

As well as banking, Ms Price’s experiences in marketing – she’s had roles with the Commonwealth Bank of Australia, Saatchi & Saatchi, AMEX and Esanda – will be useful in the Pacific, he said.

Ms Price, was ANZ Group CEO Mike Smith’s Chief of Staff, based in Melbourne, and previous to that was CEO of ANZ Bank New Zealand subsidiary UDC Finance.

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