ANZ has announced that Chief Executive Jenny Fagg will step down as Chief Executive of ANZ National Bank in New Zealand and be replaced by current Deputy Chief Executive Steven Fyfe as Acting Chief Executive from this Thursday.
"During her leave of absence from the ANZ Group, Ms Fagg will undergo treatment for cancer initially in New Zealand and then in Australia," ANZ said.
ANZ National Bank Chairman Dryden Spring said: “Jenny has done an extraordinary job as Chief Executive over the past two years. The decision to step down has been a difficult one however her recovery and her family are her priorities and ours."
“Jenny is much loved in New Zealand and in the wider ANZ Group, and the Board and all of our staff wish her a speedy recovery,” he said.
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