The hottest gig in banking
ANZ’s tech chief is leaving just as banks around the world rethink who should lead AI, with JPMorgan CEO Jamie Dimon saying the function is simply too important to sit under tech.
The latest member of Shayne Elliott’s leadership team out the door at ANZ is head of technology Gerard Florian, who joins Maile Carnegie and — although not formally announced — Elliott’s long-time strategy consigliere Antony Strong in the retirement village.
Perhaps as part of new CEO Nuno Matos’ efficiency drive, the ASX announcement for Florian appears to have been a search and replace job on the Carnegie announcement.
But his departure is intriguing because it casts a spotlight on what is arguably the hottest gig in banking at the moment: the head of AI.
There is interest around what ANZ will do with his role, which reported directly to the CEO. Globally, there is a trend towards creating a position specifically focused on data, analytics and AI at the executive table. Currently, these functions report into the group executive technology and services — the role held by Florian.
