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UDC Finance CEO Tessa Price departing for new Melbourne-based gig as chief of staff for ANZ group boss Mike Smith

Business
UDC Finance CEO Tessa Price departing for new Melbourne-based gig as chief of staff for ANZ group boss Mike Smith

ANZ New Zealand is in need of a new CEO for its finance company UDC Finance with current CEO Tessa Price heading across the ditch to work for ANZ group CEO Mike Smith.

Price has been appointed chief of staff to the office of the ANZ group CEO. She'll be responsible for overseeing ANZ group strategies and initiatives, operations and issues on behalf of Smith.

Price (pictured) has been UDC CEO for three years. The finance company recently posted record interim profit of $28.4 million. She has previously worked for American Express, ASB's parent Commonwealth Bank of Australia (CBA) and ANZ's Australian finance company Esanda, and has experience in asset finance, project management, business analytics, sales, advertising and public relations.

Price, who grew up in Wellington, joined UDC from CBA. However, she began her career at UDC in 1997 as a graduate and was mentored by David Hisco, now CEO of UDC's parent, ANZ NZ. Hisco was UDC CEO from 1998 to 2000. Hisco has been ANZ NZ's CEO since September 2010.

Melbourne-based, Price's new role starts on July 14. ANZ says an announcement on a new UDC CEO will be made in due course.

 

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