ANZ appoints Carole Berndt as Managing Director of Global Transaction Banking

ANZ today announced Carole Berndt has been appointed Managing Director Global Transaction Banking reporting to CEO International and Institutional Banking Andrew Géczy.

Ms Berndt is currently the Global Head of Transaction Services at Royal Bank of Scotland based in the United Kingdom, a role she has held since October 2013. Prior to this, she was Head of Global Transaction Services for Europe, the Middle East and Africa at Bank of America Merrill Lynch.

She has previously worked in senior product management and client delivery roles for Citigroup in New York and Hong Kong, having managed Merchant Service eCommerce technology for Asia at American Express.

An Australian with more than 20 years’ experience in the financial services area, Ms Berndt began her career in the insurance industry holding roles with Allianz and ING in Australia.

Commenting on the appointment Mr Géczy said: “Carole has deep international banking experience, having worked in senior roles across Europe, America, Asia and Australia. Her appointment is another example of how ANZ continues to attract high calibre bankers to support the build-out of our client offering.

“Our ambition is to be the leading provider for working capital and supply chain finance solutions across Australia, New Zealand, and the Asia-Pacific. With ANZ's leading market positions in Australia and New Zealand and our growing network of countries, we are connecting with customers across the important trade and investment corridors."

Ms Berndt will be based in Hong Kong and is expected to join ANZ in May. Alan Huse will continue to serve as Acting Managing Director of Global Transaction Banking in the interim.

Global Transaction Banking provides a comprehensive product solutions set for global clients across all segments, supporting their efficient management of working capital and includes specialist teams in payments and cash management, trade finance, supply chain solutions, structured trade and clearing.

ANZ was recently awarded ‘Best Bank for Cash Management Asia Pacific’ and ‘Best Treasury and Cash Management Provider, Australia’ in the Global Finance magazine’s World’s Best Treasury and Cash Management Providers 2015 Awards. ANZ is also the leading trade and supply chain bank in Australia and New Zealand, and the #4 Important Trade Finance Provider in Asia according to the 2014 Greenwich Leaders: Asian Large Corporate Trade Finance survey.

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