Mr David Gonski To Become ANZ Chairman From Next Year. Will He Leave NEHTA?

To quote the Aust Financial Review from today.

“Following the announcement today by the Australia and New Zealand Banking Group Limited that I will be joining the ANZ Board in February 2014 and succeeding John Morschel as Chairman in May 2014, I confirm I will be relinquishing some of my current commitments,” Mr Gonski said.

“I intend to step down as chairman of the guardians of the Future Fund during January 2014 so as to avoid any possible conflict of interest with my new position and allowing sufficient time for a smooth transition and handover to my successor, who will be appointed by the Federal Government.”

The full article is here.

http://www.afr.com/p/business/companies/gonski_appointed_anz_chairman_rhH86b5ksrMIhqNznWADsK

No mention of NEHTA of which he is also Chair. Might be a good time to leave this as well. I am sure ANZ shareholders would like this outcome as the more focus he has on the ANZ the better!

David.

Disclosure: I have a few ANZ shares.

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