ANZ has announced a board cleanout and a change of Chairman. Chairman Charles Goode will be replaced by former British Airways, Cathay Pacific and Ansett Australia CEO Rod Eddington. New board members will include; * former SingTel CEO Lee Hsien Yang, who is the second son of Singapore's founder and senior minister Lee Kuan Yew and brother of Singaporean Prime Minister Lee Hsien Loong, * current Lazard Carnegie Wylie co-chairman Peter Hay, who was also previously CEO of legal firm Freehills, * current CEO of Bennelong Group Alison Watkins, who is also a former McKinsey partner and CEO of Berri and Just Group. Current directors Margaret Jackson and Jerry Ellis will retire in March and September 2009 respectively. * This article was first published yesterday in our daily subscription newsletter for the banking and finance industries. The email costs NZ$365 per annum and carries exclusive news and analysis for New Zealand banking and finance industry executives, regulators and investors. Sign up for a free trial here.
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