ANZ Group (ASX:ANZ) appointed Tammy Medard as its new group executive for business and private banking, marking a milestone in CEO Nuno Matos' ongoing leadership overhaul.
Effective May 1, Medard will succeed Clare Morgan, who is departing the bank following a comprehensive transition period.
Currently serving as the Managing Director of Institutional Banking for Australia and Papua New Guinea, Medard brings nearly two decades of experience to the role, having held various senior positions across risk and institutional divisions since joining the organisation in 2007.
Reporting directly to Matos, she joins the executive committee with a mandate to accelerate customer experience and growth initiatives under the ambitious "ANZ 2030" strategy.
Matos praised Medard as a "customer-focused business banker" who was instrumental in building the bank's market-leading institutional franchise.
The transition comes as Clare Morgan concludes her tenure after establishing the division and resetting its digital performance.
The appointment is the latest in a series of high-level changes designed to align the bank’s hierarchy with Matos’s vision since he took the helm in April 2025.
Medard's promotion follows the recent appointments of retail boss Pedro Rodeia, Chief Information Officer Donald Patra, and Chief Risk Officer Christine Palmer.
As the bank enters this next phase of its strategic evolution, the focus remains firmly on digitisation and market expansion, with Medard expected to leverage her deep institutional knowledge to drive value across the private banking sector.
At the time of reporting, ANZ Group's share price was $37.11.