Mr Whelan is currently ANZ managing director for global commercial banking.
David Hisco, chief executive officer ANZ New Zealand, will also assume Mr Chronican’s responsibilities as global head of retail.
Commenting on the changes group CEO Mike Smith said: “Australia is our home market and we have continued to improve our position as a strong, stable and growing business since Phil joined us in 2009.
“ANZ’s focus on developing internal talent with deep experience in our major domestic markets and in Asia makes Mark’s appointment a natural next step. He knows Australia and Asia well, and has a track record of delivering for shareholders and for customers.
“I want to thank Phil for his contribution to ANZ’s success and for his friendship and support over the past five and a half years. Under Phil’s leadership our Australian franchise is now stronger than ever with consistent above system growth in home and business lending, a stronger funding profile and high levels of customer satisfaction and staff engagement,” Mr Smith said.
