People Moves

Ex-Citi Head Joins ANZ As International Banking Chief

Vanessa Doctor Asia Correspondent May 15, 2014

Ex-Citi Head Joins ANZ As International Banking Chief

ANZ has named a former Citigroup executive to the newly created role of chief executive for international banking.

ANZ, the Australian banking giant, has named a chief for its international banking business.

Effective August 2014, Farhan Faruqui steps in as chief executive for international banking, based in Hong Kong. This is new role that was created in 2013. In this post, he will be responsible for supporting the bank's "super regional" strategy by helping improve the links between ANZ's 33 markets with a diverse set of customers, according to a statement. 

Faruqui is the head of corporate and investment banking for Asia-Pacific at Citigroup. In his 23 years at the firm, he has served a number of senior executive roles, including head of global loans and leveraged finance for Asia-Pacific, head of fixed income, capital markets in Hong Kong, and corporate banking head for Central Europe. 

International banking is the international and institutional banking arm's largest business, representing more than 17,000 clients in 33 markets. The heads of international banking in both Australia and New Zealand, as well as country CEOs in Asia, the Pacific, Europe, the Middle East and America, will report to Faruqui. 

He, in turn, reports to Andrew Geczy, CEO for international and institutional banking. 

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