ANZ finds a CEO option
Andrew Géczy, an old Lloyds and Citi hand with long experience in structured finance, will take over as ANZ's new head of CEO international and institutional banking from next month.Géczy, 50, replaces Alex Thursby, who left ANZ in April to work in the Middle East.Géczy's resume is pretty simple. A science graduate (according to his Linkedin profile), he shifted from accounting to banking in 1991, joining Citibank, where he was head of structured corporate finance from November 1991 to August 2005.It is during this period that he can lay claim to ANZ's presumed key selection criteria of having relevant experience in Asia.ANZ said that at Citi in the early 2000s he had "responsibilities covering more than 80 countries, including a significant growth business in Asia."In September 2005, Géczy quit Citi and helped found two boutique firms, Manresa Partners (an "independent private client advisory group") and Pure Bridging, a bridging finance specialist, in the UK.From January 2009 to December 2012, he served as chief executive of wholesale banking and markets at Lloyds Banking Group.Viewed at one stage as being in the running to be CEO of Lloyds Group (according to the UK media), Géczy left at the end of last year.One of Géczy's subordinates at ANZ will be Truett Tate, ANZ's head of institutional relationship banking, America. Tate used to be Géczy's boss at Lloyds.At Lloyds, one of Géczy goals was to grow Lloyds' capital markets business.One deal that the bank worked on under Géczy was structuring a £600 million bond for the Greater London Authority, to help finance the construction of the Crossrail project.