Australia and New Zealand Banking Group (ANZ) announced today that David Plank will be joining the bank as Head of Australian Economics, reporting to ANZ Chief Economist, Richard Yetsenga.
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The latest appointment comes just two days after ANZ replaced its Chief Information Officer, Scott Collary with Gerard Florian, as reported by Finance Magnates.
David's extensive experience and strong reputation makes him the ideal person to lead our Australian Economics team.
Plank joins ANZ from Deutsche Bank, where he held the positions of Head of Fixed Income and Credit Research Asia Pacific and Head of Macro Research and Strategy Australia & New Zealand.
Prior to this he worked for Bankers Trust in a number of economist and strategy roles before it merged with Deutsche Bank in 1999.
Commenting on the bank's latest appointment, ANZ Chief Economist Richard Yetsenga said, "David's extensive experience, quality of analysis and strong reputation makes him the ideal person to lead our Australian Economics team. He is a well-respected economist, his analysis will be highly valued by our clients and he will integrate well with our market strategy offerings."
In his new role, Plank will be responsible for leading the Australian Economics team, as well as providing macroeconomic analysis and insight on the Australian economy. He succeeds Felicity Emmett who will continue as Senior Economist after she stepped down from the role earlier this year.
Plank will commence the role in February 2017 and will be based in Sydney.