ANZ has today announced Michael Peric and Trevor Vail have been appointed co-Managing Directors, Markets, reporting to Group Executive Institutional, Mark Whelan.
Mr Peric and Mr Vail have been jointly leading ANZ's Markets business in an acting capacity since September 2025. They will continue to be based in Sydney and Singapore respectively.
Mr Peric has led ANZ's Global Balance Sheet trading business since 2021. He held senior banking positions in key financial institutions across Australia and New Zealand including at Lloyds, National Australia Bank, and Bank of New Zealand.
Mr Vail has worked at ANZ for 13 years, most recently as Head of Markets Australia and the Head of Rates and Credit Trading. Before joining ANZ, he was the Managing Director Head of Flow Credit trading Asia for the Royal Bank of Scotland.
Commenting on the appointments, Mr Whelan said: "Working in partnership, Trevor and Michael will draw on their combined deep experience across all areas of Markets. They have the leadership capability and experience needed to further strengthen ANZ's leading foreign exchange, rates, capital markets and commodities businesses, as well as strengthening our risk management."
ANZ Institutional is the leading bank for large corporates in Australia and New Zealand, and a leading corporate bank in Asia. With a global network across almost 30 markets, including more than 13 across Asia, ANZ supports businesses to move capital, goods and ideas across the region and beyond.
ANZ has the largest Markets business among Australian banks, with a major hub in Singapore. ANZ Institutional is consistently recognised by Coalition Greenwich as a leading corporate bank for relationship strength and trust, and has also been awarded FX House of the Year Australia and World's Best FX Bank - Australia.
