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ANZ appoints CEO of China

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Huang Xiaoguang has been appointed as chief executive of China by ANZ and will also serve as head of greater China.

He will report to ANZ chief executive of international banking Farhan Faruqui, and will be responsible for capturing trade and investment flows within greater China.

ANZ chief risk officer of China, Hong Swee Lau, will continue to act as chief executive of China until Mr Huang joins in January next year.

Mr Huang joins ANZ from Bank of America Merrill Lynch (BAML), where he was president of Bank America from 2010 to 2014 and was recently appointed as co-head of global corporate and investment banking for BAML China.

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He has also held roles at ABN AMRO and Citigroup.

ANZ chief executive of international and institutional banking Andrew Géczy said the appointment of a career banker of Mr Huang’s calibre is another example of the progress ANZ has made in “building a strong franchise”. 

“I’m confident his extensive international experience will benefit our customers doing business across Asia Pacific,” said Mr Géczy.

Mr Faruqui said Mr Huang has an impressive track record in building and leading institutional banks in China and has the right credentials to “help drive greater connectivity within Greater China, where trade and investment flows are already substantial and growing”.