ANZ has ended its seven-month search for a new chief information officer to replace former incumbent Ann Weatherston with the appointment of Citibank executive Scott Collary as CIO.
At Citi, Collary was responsible for all aspects of consumer banking technology at the US bank's North American operations and global cards division. Having held that role since 2008, Collary has significantly simplified products and introduced a ‘digital first’ technology strategy.
Prior to his appointment at Citi, Collary worked for US regional bank Fifth Third following a six-year stint at Bank of America.
ANZ chief operating officer Alistair Currie says of the appointment: “Scott has particular experience in leading large-scale digital technology programsme and will have a key leadership role in continuing ANZ’s transformation to become the most compelling, most convenient and easiest bank to use for all customers whether big, small, retail or corporate."
Collary will be based in Melbourne and is expected to commence at ANZ in early December 2014.
In October 2012, ANZ unveiled plans for a $1.5 billion, five-year tech investment programme to overhaul its branch-based and digital distribution channels, including the roll-out of in-branch videoconferencing and new mobile banking and payments services.