Australian lender ANZ names Nuno Matos as new CEO

(Reuters) – ANZ Group has appointed Nuno Matos as its chief executive, replacing Shayne Elliott who is set to retire in July 2025 after nine years in the role, the Australian lender said on Monday.

“Critically, Nuno has led several bank business, risk and technology transformations, which will be a significant benefit as we prepare to scale the migration of customers, including those from Suncorp Bank, across to ANZ Plus as well as supporting our focus on non-financial risk,” ANZ Group Chairman Paul O’Sullivan said in a statement.

Matos, 57, has 30 years of experience across retail, commercial and wholesale banking and was most recently the CEO of Wealth and Personal Banking at HSBC.

During his time at HSBC, Matos also held senior roles including CEO of HSBC Bank plc and HSBC Europe, where he oversaw the transformation of its European business.