HSBC exec Nuno Matos to succeed Shayne Elliott as new CEO of ANZ Group
HSBC exec Nuno Matos is to succeed Shayne Elliott as CEO of ANZ Group, effective 3 July 2025.
Nuno Matos named ANZ Group CEO (Image: LinkedIn)
Elliott is set to retire on 2 July as he prepares to wrap up a 15-year tenure with the Melbourne-headquartered group. He has served as CEO since 2016.
Matos, who will also join the group’s boards as an executive director, moves directly to ANZ from HSBC, where he is currently serving as CEO of wealth and personal banking.
Matos has also held senior roles at HSBC Bank, HSBC Europe and HSBC Mexico as part of his 10-year stint with the bank.
Prior to this, he was global head of consumer for the retail and commercial division of Spanish bank Santander.
In comments, Matos says the initial focus of his latest appointment will be to “build on the work already underway and ensure all our stakeholders get even better value from their relationship with ANZ”.
Included in Matos’ focus are ANZ Plus, the group’s digital banking service launched in 2022, and ANZ Transactive, a corporate cash management system rolled out the following year.
Paul O’Sullivan, chairman of ANZ Group, says: “Critically, Nuno has led several bank business, risk and technology transformations, which will be a significant benefit as we prepare to scale the migration of customers, including those from Suncorp Bank, across to ANZ Plus as well as supporting our focus on non-financial risk.”
ANZ, which acquired Suncorp Bank two years ago for $3.3 billion, is currently piloting “the world’s first inter-bank, behaviour- and device-based fraud and scams intelligence-sharing network” alongside a cohort of regional financial institutions under the BioCatch Trust Australia initiative, announced last month.
