ANZ's Page: The op risk manager is the goalkeeper
Chris Page, group head of risk management at ANZ, sees his role as “guardian of the balance sheet” as first and foremost, but is also aware that sometimes he needs to stand his ground on risk issues, as he might be the last man standing between the bank and disaster
The global financial crisis might turn out to be just a minor hurdle in the expansion of Australia and New Zealand Banking Group (ANZ). In June, the Melbourne-based bank announced it was well on track towards completing its ‘super regional’ expansion project, which aims to result in 20% of around $8 billion in group earnings being attracted from the Asia-Pacific region by 2012. The strategy to achieve this goal is one of organic growth, supported by a number of acquisitions. For example, on
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