ANZ’s chief financial officer Michelle Jablko will leave the big four bank after four and a half years to join the toll road giant Transurban next year.
Transurban said Ms Jablko would bring extensive experience in mergers and acquisitions and global portfolio reshaping to the $38 billion infrastructure group, following a long career as an investment banker with UBS and Greenhill Australia.
ANZ chief executive Shayne Elliott said that while the bank was “disappointed Michelle is leaving, we respect her decision and wish her the best in her new role”.
The bank’s general manager of internal audit, Shane Buggle, a 20-year ANZ veteran and former deputy CFO, will temporarily act as CFO while it searches for a replacement for Ms Jasblko.
Transurban CEO Scott Charlton said the company was “delighted” by the appointment. “I believe that with her leadership, capabilities and experience she will make a significant contribution to the Transurban business,” he said.
Ms Jablko said the move was an “incredibly tough decision” but she was looking forward to putting her experience to use in a new industry.
“I’ve thoroughly enjoyed working with Shayne and the broader team as well as playing a role in the bank’s continued success,” she said in a statement.
“I’m particularly proud of the work we have done to strengthen and simplify the bank as well as the highly capable finance function we have built over the last few years. I know the team will continue to do a great job for ANZ’s shareholders and customers.”
Mr Elliott praised Ms Jablko for transforming the bank’s finance function and being instrumental in the “simplification and strengthening of the organisation”.
“I personally thank her for her considerable contribution over the past four and a half years,” he said.
At 11.20am Transurban’s shares were up 0.2 per cent while ANZ’s were trading 0.2 per cent lower.
More to come
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Source: Thanks smh.com