ANZ appoints key Corporate Finance & Markets executives
Stuart Smith has joined the Markets business as Head of Commodities, based in Singapore and reporting to Anshul Sidher, Head of Trading and Markets Asia.
Mr. Smith joins ANZ from Citibank where he was responsible for APAC Commodities. Previously, he held senior roles including Global Head of Commodity Structuring for Commonwealth Bank of Australia, Head of Commodity Structuring and Sales for Deutsche Bank Asia and led the trading of LNG at Goldman Sachs.
In his new role, Mr Smith will manage ANZ’s commodities sales and trading across five markets, covering various asset classes including energy, agricultural commodities, precious metals and carbon.
ANZ Managing Director, Markets, Shayne Collins, said: “Stuart brings an impressive background in building businesses and a unique experience in sales and risk management. The commodities sector is an important pillar of the Bank’s environmental sustainability strategy and its unique understanding of energy markets positions our team exceptionally well.
In addition, Andreas Kodell has been appointed ANZ’s Chief Environmental Markets Officer, reporting jointly to ANZ Managing Director, Corporate Finance, Christina Tonkin and Shayne Collins.
Mr Kodell joined ANZ last year as an ESG advisor from KEAL Capital, now part of Melqart, where he was a partner. He has nearly three decades of investment banking and fund experience, including senior roles in finance, risk and markets at global companies such as Merrill Lynch, Bear Stearns and Deutsche Bank. He also helped found the Cyclades Preservation Fund in Greece and the Devon Environment Foundation in the UK as a founding member.
In his new role, Mr. Kodell will work closely with Katharine Tapley, Head of Sustainable Finance at ANZ, and the markets team, including Mr. Smith, to continue to develop the Bank’s environmental markets offering. .
Ms. Tonkin said, “As the region’s leading sustainability bank, our priority is to help our clients seize the opportunities that will help them achieve their net zero goals. This is an important new role that helps us bring together our existing strengths in this area, while building on them for the future.
ANZ’s institutional business was recently awarded Best Bank for Environmental, Social and Governance (ESG) and Sustainable Finance in the Australian Corporate Treasury Association (ACTA) annual awards, based on the major study of corporate banking relationships conducted by Peter Lee Associates.