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Company News

ANZ Group names Optus' Paul O'Sullivan as new chairman

FILE PHOTO: An ANZ bank logo is pictured in Sydney, Australia April 23, 2018. REUTERS/Edgar Su

(Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX on Thursday named Paul O'Sullivan, the current chair of Singapore Telecommunications-owned STEL.SI Optus, to succeed its Chairman David Gonski, who would retire in October.

Gonski, who has been ANZ chairman since 2014, would leave after finalisation of the lender’s full-year results, the bank said.

O'Sullivan currently serves on the board of Australian soft-drink bottler Coca-Cola Amatil CCL.AX and has previously held senior roles at Singapore Telecommunications, including the chief executive of its Optus division.

Reporting by Shashwat Awasthi in Bengaluru; Editing by Rashmi Aich

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