SYDNEY, Oct 1 (Reuters) - Australia and New Zealand Banking Group ANZ.AX said on Thursday that its chief financial officer, Shayne Elliott, will succeed Mike Smith as chief executive on Jan. 1.
The long-awaited announcement raises questions about the bank's focus on Asia, a strategy spearheaded by Smith. Elliott has more than 30 years of experience in international banking.
Smith will act as a non-executive advisor to the board, initially for one year, the bank said.