Leadership Shake-Up: Australia’s ANZ Confirms Sidher’s Departure

Australia’s ANZ Group has announced that Anshul Sidher, the Managing Director of Markets, will be stepping down after 13 years with the bank. Sidher, who has led the markets division since August 2023, is the fourth senior executive to depart under CEO Nuno Matos, who took the helm in May 2025. This move aligns with a broader restructuring plan that includes cutting 3,500 jobs and eliminating 1,000 contractor roles, marking one of the most significant corporate overhauls in Australian banking history.