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FINANCIAL
anz.com.au

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Investments

7

Portfolio Exits

6

Partners & Customers

10

About Australia and New Zealand Banking Group

Australia and New Zealand Banking Group (ASX: ANZ), commonly called ANZ, is an international bank with activities in general banking, mortgage and installment lending, life insurance, leasing, hire purchase, and general finance. ANZ also provides international and investment banking, investment and portfolio management and advisory services, nominee and custodian services, stock broking, and executor and trustee services.

Australia and New Zealand Banking Group Headquarter Location

Level 9 833 Collins Street

Docklands, Victoria, 3008,

Australia

+61 3 9683 9999

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Latest Australia and New Zealand Banking Group News

Succession: What’s happening with the search for the next Westpac (ASX:WBC) boss?

Nov 29, 2021

Image source: Getty Images Westpac Banking Corp (ASX: WBC) CEO Peter King has steered the ship of the big four bank through rough waters over the past two years. However, succession plans have become a key point of business according to reports. A prepared replacement for the top job of Australia’s oldest bank is believed to be well in the works. This follows a significant downfall in the Westpac share price after it published its full-year results at the beginning of the month. Despite a 105% increase to $5,352 million in cash earnings, the Aussie lender missed consensus estimates of $5,420 million. Shares in Westpac are down ~18% on the ASX since reporting its latest financial results. Though, King’s succession plans are believed to have been in the works well before the recent share price weakness. Let’s have a look at the latest details. Who might be in the running for CEO? Having been at the helm since the swift departure of previous Westpac CEO, Brian Hartzer, King’s replacement is now an important consideration for the company. According to The Australian, there are whispers that Westpac’s institutional bank chief Anthony Miller is a potential candidate for the role. Miller has a career that spans two decades — with senior positions at Goldman Sachs and Deutsche Bank prior to joining Westpac. Although, another word on the grapevine suggests that chair John McFarlane might look outside of the bank for a CEO successor. At this stage, there are no hints as to whom might be of interest outside of the company. Another internal potential contender for the top job is rumoured to be the current chief financial officer, Michael Rowland. The former KPMG Australia partner and Australia and New Zealand Banking Group Ltd (ASX: ANZ) CEO has been responsible for the finances at Westpac for over a year now. The question of who might step in if Peter King were to step down could be a topic of discussion at Westpac’s 2021 annual general meeting (AGM). Based on the announcement made to the ASX, Westpac will hold this year’s AGM on 15 December at 10 am Sydney time. Westpac’s run on the ASX Westpac has been the worst-performing of the big four banks since the beginning of the year. From the first day of 2021, Westpac shares have climbed 7.4% in value. Meanwhile, the other big banks are up by more than 10%. The pain for Westpac shareholders is a recent occurrence. Prior to the end of October, Westpac was a high flyer on a year-to-date basis, notching up a return of more than 30% since the beginning of the year. However, pessimism towards the ASX-listed lender has reemerged as growth begins to cool off based on its latest results. Should you invest $1,000 in Westpac right now? Before you consider Westpac , you'll want to hear this. Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Westpac wasn't one of them. The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more. * And right now, Scott thinks there are 5 stocks that are better buys.

Australia and New Zealand Banking Group Investments

7 Investments

Australia and New Zealand Banking Group has made 7 investments. Their latest investment was in Petron as part of their Loan on February 2, 2019.

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Australia and New Zealand Banking Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/26/2019

Loan

Petron

$700M

Yes

1

12/3/2018

Series B

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$99M

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10

10/31/2018

Loan

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$99M

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10

10/31/2018

Line of Credit - II

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$99M

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10

2/26/2018

Series A - II

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$99M

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10

Date

2/26/2019

12/3/2018

10/31/2018

10/31/2018

2/26/2018

Round

Loan

Series B

Loan

Line of Credit - II

Series A - II

Company

Petron

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Amount

$700M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

10

10

Australia and New Zealand Banking Group Portfolio Exits

6 Portfolio Exits

Australia and New Zealand Banking Group has 6 portfolio exits. Their latest portfolio exit was ANZ Royal Bank on May 17, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/17/2018

Corporate Majority - II

5

00/00/0000

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$991

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10

00/00/0000

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$991

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10

00/00/0000

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10

00/00/0000

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10

Date

5/17/2018

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

Corporate Majority - II

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Companies

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Valuation

$991

$991

Acquirer

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Sources

5

10

10

10

10

Australia and New Zealand Banking Group Acquisitions

4 Acquisitions

Australia and New Zealand Banking Group acquired 4 companies. Their latest acquisition was realAs on October 03, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/3/2017

Angel

Acquired

1

4/13/2015

Seed

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$99M

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10

9/15/2005

Corporate Minority

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$99M

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10

6/1/2000

Acquired

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$99M

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10

Date

10/3/2017

4/13/2015

9/15/2005

6/1/2000

Investment Stage

Angel

Seed

Corporate Minority

Acquired

Companies

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Valuation

Total Funding

$99M

$99M

$99M

Note

Acquired

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Sources

1

10

10

10

Australia and New Zealand Banking Group Partners & Customers

10 Partners and customers

Australia and New Zealand Banking Group has 10 strategic partners and customers. Australia and New Zealand Banking Group recently partnered with Frollo on April 4, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

4/27/2021

Vendor

Frollo

Australia

ANZ set to join world of open banking after deal with start-up Frollo

ANZ Bank is a step closer to becoming an official recipient of data held in other banks under the consumer data right , striking a technology partnership with Frollo to use its open banking accreditation to extract data from ANZ Bank customers ' other accounts for ANZ Bank to analyse .

2

12/14/2020

Partner

Worldline

France

Worldline announces a major strategic commercial acquiring alliance with ANZ Bank in Australia

Finally , this partnership between ANZ Bank and Worldline highlights the relevance of the newly created Worldline 's Merchant Services - Financial Institutions value proposition we will further deploy in Europe and beyond to cement future bank alliances in Merchant Services as more and more financial institutions are currently initiating similar strategic initiatives . ''

5

7/4/2019

Partner

Commonwealth Bank of Australia

Australia

ANZ, CBA, Westpac partner IBM for Lygon blockchain bank guarantee pilot

CBA also announced a partnership with CSIRO 's Data61 that sees the pair help manage payments within Australia 's National Disability Insurance Scheme by using a permissioned Ethereum network with smart contracts that control when and where money from the government can be spent .

1

6/28/2019

Partner

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10

10/11/2018

Partner

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10

Date

4/27/2021

12/14/2020

7/4/2019

6/28/2019

10/11/2018

Type

Vendor

Partner

Partner

Partner

Partner

Business Partner

Frollo

Worldline

Commonwealth Bank of Australia

Country

Australia

France

Australia

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News Snippet

ANZ set to join world of open banking after deal with start-up Frollo

ANZ Bank is a step closer to becoming an official recipient of data held in other banks under the consumer data right , striking a technology partnership with Frollo to use its open banking accreditation to extract data from ANZ Bank customers ' other accounts for ANZ Bank to analyse .

Worldline announces a major strategic commercial acquiring alliance with ANZ Bank in Australia

Finally , this partnership between ANZ Bank and Worldline highlights the relevance of the newly created Worldline 's Merchant Services - Financial Institutions value proposition we will further deploy in Europe and beyond to cement future bank alliances in Merchant Services as more and more financial institutions are currently initiating similar strategic initiatives . ''

ANZ, CBA, Westpac partner IBM for Lygon blockchain bank guarantee pilot

CBA also announced a partnership with CSIRO 's Data61 that sees the pair help manage payments within Australia 's National Disability Insurance Scheme by using a permissioned Ethereum network with smart contracts that control when and where money from the government can be spent .

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Sources

2

5

1

10

10

Australia and New Zealand Banking Group Team

29 Team Members

Australia and New Zealand Banking Group has 29 team members, including current Chief Executive Officer, Graham Hodges.

Name

Work History

Title

Status

Graham Hodges

Chief Executive Officer

Current

Michael Smith

Chief Executive Officer

Current

Peter Marriott

Chief Financial Officer

Current

Ron Spector

Managing Director

Current

Robert Bell

Chief Executive Officer

Former

Name

Graham Hodges

Michael Smith

Peter Marriott

Ron Spector

Robert Bell

Work History

Title

Chief Executive Officer

Chief Executive Officer

Chief Financial Officer

Managing Director

Chief Executive Officer

Status

Current

Current

Current

Current

Former

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