Corporate Governance
ANZ's strong governance framework provides a solid structure for effective and responsible decision making at ANZ.
Copies/summaries of some of ANZ's key documents related to corporate governance can be found below.
The 2022 Corporate Governance Statement can be accessed below:
As a company listed on the Australian Securities Exchange (ASX), ANZ is required to disclose how it has applied the Recommendations contained within the ASX Corporate Governance Council's Corporate Governance Principles and Recommendations (ASX Governance Recommendations) during the financial year, explaining any departures from them.
ANZ has followed the ASX Governance Recommendations during the 2022 financial year as set out in the Appendix 4G below:
On 3 January 2023, ANZ Group Holdings Limited became the new listed head entity for the ANZ group following implementation of the scheme of arrangement between Australia and New Zealand Banking Group Limited (ANZBGL) and the holders of its fully paid ordinary shares (Scheme). The terms of the ANZ Group Holdings Limited Board and Committee charters and governance policies are substantially the same intent and purpose as ANZBGL’s Board and Committee charters and governance policies, other than certain changes made to reflect the structure of the ANZ group. Further information on the Scheme is provided on the ANZ 2022 Scheme Meeting page.
The Board of Directors is responsible to shareholders for the governance of the Group, and oversees its operations and financial performance.
- Board Renewal, Appointment of Directors and Performance Assessment Policy (Incorporating the Board Skills Matrix and the Director Independence Criteria)
- Committee Memberships
- Fit and Proper Policy Summary
- ANZ Directors Disclosure of Interest, Handling Conflicts of Interest and Outside Commitments Procedure
The charters below highlight the purpose, powers, and specific responsibilities of ANZ's Board and its Committees.
- ANZ Board Charter
- ANZ Audit Committee Charter
- ANZ Board Committees' Standing Rules
- ANZ Special Committee of the Board Charter
- ANZ Ethics, Environment, Social and Governance Committee Charter
- ANZ Human Resources Committee Charter
- ANZ Risk Committee Charter
- ANZ Shares Committee Charter
- ANZ Digital Business and Technology Committee Charter
- ANZ Nomination and Board Operations Committee Charter
ANZ has two Codes of Conduct, which provide employees and Directors with a practical set of guiding principles to help them make fair, balanced and ethical decisions in their day to day work:
The Codes of Conduct and Ethics are supported by detailed policies that together form ANZ's Conduct and Ethics Policy Framework. Summaries of those policies are set out below:
Summaries of other relevant company policies are set out below:
- Continuous Disclosure Policy
- ANZ Privacy Centre
- Diversity and Inclusion Policy
- Stakeholder Engagement Model for Relationship with the External Auditor
- Our Approach to Accessibility and Financial Inclusion
- ANZ Sanctions Policy Summary
- Political Donations Policy
- Tax Governance Policy Summary
- Tax Transfer Pricing Governance Policy Summary
Other key corporate governance matters include:
Consistent with ANZ's commitment to shareholder communication and continuous disclosure, ANZ provides shareholders and the wider market with timely, quality information on our strategy, programs and initiatives, and performance. All relevant information is posted below and on the Australian Securities Exchange website.
ANZ’s Continuous Disclosure Policy is available above.