Islamabad August 12 2021: Farhan Faruqui, an eminent international banker, has been appointed as Group Chief Financial Officer of The Australia and New Zealand Banking Group (‘ANZ’).
Faruqui was heading the Bank’s international and institutional business since he joined it in 2014.
The CEO of ANZ, Shayne Elliott, who had previously also been the CFO of the Bank told the media that the Bank had conducted a rigorous global search and Farhan came out on top owing to his experience running large teams, managing complex businesses across multiple geographies, and for delivering outstanding results.
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According to press release issued by the bank Faruqui had an extensive international banking career (of more than 20 years) at Citigroup where he headed corporate and investment banking as well as global loans and Capital Markets business for the Asia Pacific Region (including China, Japan, India, Australia and other ASEAN countries).
Founded in 1835, the bank is one of the largest banks in the world measured by total assets of more than AUD one trillion, and 50,000 employees.
Earlier, he also held Citibank’s country head positions in Europe and Africa and prior to that he had worked in Exxon and in ICI.
Based in Melbourne, Faruqui will have responsibilities for all aspects of ANZ’s Finance, Treasury, Mergers and Acquisitions and Investor Relations.