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ANZ wealth shake-up

ANZ is making changes to its wealth management business.

Wednesday, March 2nd 2016, 4:30PM

Its group executive wealth, marketing and innovation Joyce Phillips is leaving.

It told the ASX it wants to more closely align the distribution of wealth products and services with its retail and commercial business.

It will focus its Australian insurance, superannuation and investments products business on improving returns and capital efficiency.

In New Zealand, wealth will be part of an expanded retail, business banking and wealth team which will report to John Body.

Tags: ANZ

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