Paul O’Sullivan to become ANZ Chairman

Maria Nikolova

In this role, he will succeed David Gonski.

The Board of ANZ today announced Paul O’Sullivan will succeed David Gonski as the Group’s Chairman at the finalisation of the full year results on October 28, 2020. The change at the top of the company follows Mr Gonski’s decision to retire from the Board after serving as Chairman for the last six and half years.

Mr Gonski was a member of the ANZ Board between February 2002 and June 2007. He returned to the Board as Chairman in 2014 and has now served with distinction as a Non-Executive Director for more than 11 years.

Mr Gonski said: “I’m delighted Paul has agreed to succeed me as Chairman. Paul is an outstanding director who has already made a strong contribution to ANZ and I’m confident he will do an excellent job leading the Board as we continue to work for the benefit of our shareholders”.

Mr O’Sullivan is currently Chairman of Western Sydney Airport Corporation, Chairman of Optus and a director of Coca Cola Amatil. He has previously held senior executive roles with Singapore Telecommunications (Singtel) and was CEO of Optus between 2004 and 2012. He is also a Director of the St George & Sutherland Medical Research Foundation, the National Disability Insurance Agency and St Vincent’s Health Australia.

As FinanceFeeds has reported, Mr O’Sullivan was appointed to the Board of ANZ in November 2019.

Read this next

Digital Assets

Alameda sues Voyager Digital to recover $445 million

FTX’s failed trading arm, Alameda Research, asked a court to claw back $445 million from Voyager Digital, which it said SBF’s empire paid to the crypto lender before collapsing into bankruptcy.

Metaverse Gaming NFT

Toyota taps Astar Network to explore Web3 in grand style

Although the crypto ecosystem has faced its fair share of bumps, Japanese automaker Toyota is seemingly bullish about the space and continue to look at Web3 as a promising opportunity.

Digital Assets

Bitcoin dominates inflows into crypto funds, AuM hits $28B

As the price of bitcoin continues to consolidate around recent highs, investors expand their positions in funds designed to profit from further appreciation in the cryptocurrency.

Institutional FX

Fiserv secures major payment institution licence in Singapore

Brookfield-based financial services technology provider Fiserv Inc has obtained nod for a Major Payment Institution license in Singapore.

Institutional FX

Finalto expands NDFs line-up with Taiwanese dollar

Finalto announced today that it has expanded its non-deliverable forwards (NDFs) offering with the addition of Taiwan’s dollar to its trading platform.


It’s time for FX to Harness Crypto’s Potential

Jonathan Cumberlidge, FX Sales Director for BVNK, makes the case for cryptocurrencies in improving the efficiency and flexibility of foreign exchange trading.

Digital Assets

Owner of OptionMint, OptionKing, and OptionQueen gets 30 months in prison

A US federal judge has sentenced Ohio resident Jared Davis, who was found guilty for his participation in a multi-million fraud scheme carried out by Israeli-run binary options websites.

Executive Moves

iS Prime co-founders Raj Sitlani and Jonathan Brewer leave, but “business as usual”

“For our clients and teams at iS Prime, iS Risk and iS Prime Hong Kong, it is business as usual. We will be increasing our investment in our technology and staff, putting our clients first as we drive the business forwards to maintain our market leadership position.”

Digital Assets

Germany-focused DekaBank taps METACO for digital asset custody offering

“Digital assets are a critical part of the future, a radical new way for how assets will be represented, from currencies to real estate.”