ANZ has named David Green as new CEO for Singapore replacing Vishnu Shahaney, who will assume a new role within the bank.

Also, Green will take over the role as new head of South East Asia and India covering the important markets of Singapore, India, Malaysia and the Philippines.

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Green will report to Group executive international, Farhan Faruqui.

Faruqui said: "In his capacity as CEO ANZ Singapore, David will continue to grow connectivity with our home markets in Australia and New Zealand, to provide superior service to our clients in the region while continuing to drive returns from our Singaporean business."

Green, who joined ANZ on 2005, was responsible for ANZ’s Institutional business in NZ, as well as leading the bank’s wholesale digital strategy from 2015. He also served as executive board member of the New Zealand-China Council.

He has nearly 30 years experience in institutional banking across State Bank of South Australia in New Zealand, Bancorp New Zealand and Deutsche Bank in Auckland, Melbourne and Sydney.

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Faruqui added: "Vishnu has also been instrumental in building the business into one of ANZ’s two regional business headquarters in Asia and cementing our position as the only Australian Qualifying Full Bank in Singapore.

"We look forward to announcing his next move, pending the grant of regulatory approvals, and to David building upon these many successes in line with ANZ’s commitment to the Singapore market."