Print this article

ANZ's Asia-Pacific President To Retire After 40-Year Banking Career

Tom Burroughes

4 April 2016

The Asia-Pacific president of Australia and New Zealand Banking Group, Vishnu Mohan, has decided to retire after 40 years in the banking industry.

Mohan's career has seen him work in 11 countries across the Middle East, North America, Africa, Southeast Asia and most recently the Pacific. His last day at ANZ will be 30 April. He has been at ANZ for more than seven years, having started his career with Standard Chartered Bank in 1977.  

“Vishnu has steadfastly helped build ANZ Pacific into the strong business that it is today. In particular, Vishnu passionately and diligently helped build ANZ’s significant presence in Papua New Guinea and he’s been a great advocate for the development of Pacific nationals. We’ll always be grateful to him for that," said David Hisco, ANZ's chief exectuvie and group president.

The head of commercial in the Pacific, Saud Abdul Minam, will become acting country head for Fiji and a formal process for filling the role will commence in due course. The firm will soon also look to fill a new role of regional executive, Pacific Islands, Hisco said.  

Following the development by Mohan of a new business strategy for the region in recent weeks, the Papua New Guinea business now reports to ANZ Australia and the rest of the Pacific business through ANZ New Zealand. With those changes in place, Mohan said it was time to pass on the mantle.  

“I’ve loved every minute of leading ANZ Pacific, but it’s now time to do something else with my life and spend more time with my family," he said.