David Cartwright, ANZ Bank's tech-focused chief operating officer, has announced that he will step down to pursue the next phase of his career, with his replacement set to drive the bank's tech agenda forward.
(Credit: ANZ Bank)
ANZ announced that Alistair Currie would take up the job of group COO for the bank, looking after technology and shared services programs, as well as the bank's regional IT shops in Bangalore, Manila and Chengdu.
Currie has spent three years within ANZ working in the bank's global offices.
Anne Weatherston, the bank's chief information officer, has been the spokesperson for the bank's new IT roadmap, which is set to take ANZ into 2017. Weatherston will now be reporting directly to Currie and the office of the COO. ANZ said that Weatherston will retain her seat on the board as a symbol of the emphasis that the bank places on technology.
The new strategy Weatherston unveiled in July was built around supporting super-regional growth. Weatherston said that it would see the bank focus on four key pillars of transformation and growth:
- Improved customer connectivity
- Getting better information from its existing systems
- Standardising its back-end infrastructure
- Focusing on customer centricity.
The bank said that its plans would focus on unifying its finance, HR and risk systems across the Asia-Pacific region, building a single customer contact registry, virtualising the bank's desktop infrastructure and considering the roll-out of a corporate fleet of iPads.
The push towards better IT within ANZ comes after Mike Smith, CEO, said earlier in the year that IT projects had been created in isolation within the business, and had led to an overly complex environment.
"We already believe we spend about the right amount on IT; we just haven't spent it in the right places.
"We spent an awful lot of money on getting very little intrinsic value from some of our systems," Smith said in May.
Smith today said that he is thrilled with Currie's appointment.
"Alistair is one of our most experienced international bankers with a track record in delivering business transformation outcomes, and I'm very pleased to have him join ANZ's management board," Smith said, while thanking outgoing COO Cartwright for his contributions to the business.
Currie's appointment is effective from tomorrow, 15 October.