Banking Veteran Nuno Matos Set to Lead ANZ Group as New Chief Executive

2025-12-23 11:31:23

Abstract generation in progress

ANZ Group has revealed its next Chief Executive Officer in the form of Nuno Matos, a seasoned banking executive with over three decades of international experience. The 57-year-old will officially take the helm on July 3, 2025, following the planned retirement of incumbent Shayne Elliott, who departs after nine years at the organization’s head.

Leadership Transition Details

Shayne Elliott will step down from his position as Chief Executive Officer and Executive Director on July 2, 2025, marking the end of a significant chapter in ANZ’s recent history. Matos will not only assume the CEO title but will also become an Executive Director on the boards of ANZ Group Holdings Limited and Australia and New Zealand Banking Group Limited, positioning him with substantial governance responsibilities.

Extensive Global Banking Background

Nuno Matos brings remarkable breadth to the role. Prior to this appointment, he served as CEO of Wealth and Personal Banking at HSBC, where he spearheaded major business operations. His tenure at HSBC spans multiple senior positions, including Chief Executive Officer of HSBC Bank plc and Chief Executive Officer of HSBC Europe, roles in which he orchestrated significant business transformation initiatives across the continent.

Before joining HSBC in 2015, Matos held the position of Global Head of Consumer in the Retail and Commercial Division at Santander, further demonstrating his capability to lead complex, large-scale banking operations. His earlier assignments included serving as CEO of Mexico—one of HSBC’s most important markets—and Regional Head of Retail Banking across Latin America.

Career Foundation and Diverse Markets

His professional journey began in banking regulation, where he worked as an analyst in the banking supervision department at Banco de Portugal. Throughout his career spanning retail, commercial, and wholesale banking sectors, Matos has accumulated hands-on experience across multiple geographies including Hong Kong, United Kingdom, United States, Spain, France, Brazil, Mexico, and Peru, providing him with a truly global perspective on banking operations and market dynamics.

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