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Story perspectives

ANZ Markets Chief Exits Amid Major Restructuring

9/10/2025

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Story summary
  • Anshul Sidher, ANZ Group's global markets chief, has departed after 13 years to explore new opportunities.
  • His exit aligns with a broader executive restructuring initiated by new CEO Nuno Matos, who started in May 2025.
  • Michael Peric and Trevor Vail will temporarily co-lead the markets business.
  • ANZ plans to cut 3,500 jobs to rectify issues in its markets unit.
  • Matos seeks to rebuild trust with regulators and enhance risk management practices.