ANZ today announced Andrew Betteridge has been appointed Country Head ANZ Papua New Guinea (PNG), reporting to Tammy Medard, Managing Director, Institutional Banking Australia and PNG, subject to regulatory approval.
Mr Betteridge has been Deputy Country Head for ANZ PNG since 2024 and will take over from Lachlan Halstead who, subject to regulatory approval, is relocating to Shanghai as Country Head ANZ China.
Mr Betteridge has lived in PNG since 2017, initially leading ANZ's Research and Analysis team before moving into Head of Coverage. Prior to this, he held senior positions at ANZ across the region including Samoa, Fiji and New Zealand.
Commenting on the appointment, ANZ Managing Director, Institutional Banking Australia and PNG, Tammy Medard, said: "Andrew is a seasoned banker and a steady pair of hands to take our PNG business to the next level.
"PNG is a key part of ANZ's international network, with opportunities across agriculture and natural resources in particular. It is an important trading partner to many countries across the Asia Pacific, which is key for ANZ as we continue to support large corporate and multinational customers with trade and capital flows across the region.
"After a global search, I'm pleased we were able to make this appointment internally, reflecting our strong focus on succession planning," Ms Medard said.
Subject to regulatory approval, Mr Betteridge is expected to commence in September, allowing a smooth transition from outgoing Country Head Lachlan Halstead.
ANZ has been operating in PNG since 1910 and provides a comprehensive suite of services to Institutional and Corporate clients, including transaction banking, markets, loans and specialised finance. ANZ maintains a strong focus on key sectors such as resources, energy, infrastructure, food, beverage, agriculture and diversified industries.
ANZ also supports communities across PNG through its flagship financial literacy initiative, MoneyMinded, aimed at enhancing financial inclusion and building financial capability among Papua New Guineans.
