ANZ NZ CEO David Hisco takes sick leave, Watson becomes acting CEO

ANZ NZ CEO David Hisco takes sick leave, Watson becomes acting CEO
Jenny Ruth
By Jenny Ruth May 30 (BusinessDesk) - ANZ Bank’s New Zealand chief executive David Hisco is taking extended sick leave and Antonia Watson, who heads retail and business banking, will take over as acting chief executive, the bank says. In a note to ANZ’s staff, Watson says Hisco’s doctor says his prognosis is good so long as he slows down and takes time off to recover. “David has told me he’s keen to get back to work as soon as possible but realises how important his health is. We obviously all wish David a speedy recovery,” she says....

More Finance

Unscrambling EGS investment in Trump's world
Finance

David Chaplin: Unscrambling EGS investment in Trump's world

The US rush from ESG investments labels is well under way.

David Chaplin 05 Feb 2025
Forsyth Barr on Spark's 'incumbent's dilemma'
Finance

Forsyth Barr on Spark's 'incumbent's dilemma'

Falling market share and margins in the broadband market look entrenched.

Pattrick Smellie 05 Feb 2025
Coal and gold added to critical minerals list
Finance

Coal and gold added to critical minerals list

Banks and insurance companies threatened with regulatory retaliation if they block mining.

Ian Llewellyn 31 Jan 2025
Powell says US Fed in no hurry to cut rates after pause
Finance

Powell says US Fed in no hurry to cut rates after pause

The decision follows three consecutive rate reductions.