TLDR:
ANZ has announced Nuno Matos as its next CEO, succeeding Shayne Elliott in July 2025. With over 30 years of global banking experience, Matos will lead ANZ through its next strategic phase, focusing on growth, technology, and customer value.
Nuno Matos to Take the Helm as ANZ CEO
The ANZ Board has named Nuno Matos as its incoming Chief Executive Officer, effective 3 July 2025. Matos will succeed Shayne Elliott, who retires after nine transformative years at the helm of one of Australia’s largest banks.
Who is Nuno Matos?
Matos brings an impressive global banking pedigree, with leadership roles spanning retail, commercial, and wholesale banking. His notable achievements include:
- HSBC Leadership: CEO of Wealth and Personal Banking, overseeing 87,000 employees and 40 million customers globally.
- Santander Experience: Former Global Head of Consumer in the Retail and Commercial Division.
- Global Footprint: Operational expertise across markets such as Hong Kong, the UK, the US, Mexico, and Brazil.
Matos has a proven track record of leading complex business, risk, and technology transformations, making him an ideal fit for ANZ’s evolving strategy.
A Vision for ANZ’s Future
Matos expressed his admiration for ANZ and its progress under Elliott’s leadership.
“My initial focus will be to build on the work already underway and ensure all stakeholders get even better value from their relationship with ANZ,” he said.
With a strong foundation, including the ANZ Plus and ANZ Transactive platforms, Matos is poised to drive further innovation and growth.
Shayne Elliott’s Legacy
Elliott’s nine-year tenure is marked by significant achievements:
- Simplification: Streamlined ANZ’s operations, setting a new standard for the banking industry.
- Institutional Banking Leadership: Built one of the world’s leading institutional banking franchises.
- Retail Transformation: Developed a future-ready retail banking platform with cutting-edge technology.
- Suncorp Acquisition: Positioned ANZ for sustained growth with the strategic acquisition of Suncorp Bank.
Paul O’Sullivan, ANZ Chairman, highlighted Elliott’s purpose-driven leadership as a cornerstone of the bank’s success.
What This Means for ANZ
The orderly leadership transition signals continuity and a clear focus on growth:
- Scaling Technology: Leveraging ANZ’s platforms to improve customer experience and efficiency.
- Global Expertise: Matos’s international experience aligns with ANZ’s strategic priorities in institutional and retail banking.
- Customer-Centric Approach: Continued emphasis on delivering value to customers and communities.
Bottom Line:
As Shayne Elliott passes the baton, Nuno Matos’s appointment marks an exciting new chapter for ANZ. With a blend of global expertise and a strong foundation, the bank is well-positioned to navigate the challenges and opportunities ahead.
