People Moves
ANZ GM of Asia-Pac Wealth Steps Down, More Job Cuts To Come

The Singapore-based general manager of wealth management at ANZ has stepped down shortly after his senior colleague, as the bank prepares to announce more job losses in Melbourne.
The Singapore-based general manager of wealth management at Australia and New Zealand Banking Group has stepped down on the heels of his senior colleague, as the bank prepares to announce more job losses in Melbourne.
Vineet Vohra, who was general manager, wealth management, consumer and private banking for Asia-Pacific at the top four Australian lender, has left after nearly three years in the role. "I can confirm that Vineet is leaving and that a successor will be announced shortly," said an ANZ spokesperson.
Before ANZ, Vohra was managing director and chief executive of Dutch lender ING India, and before that worked at America's Citi for two decades.
His departure comes hard on the heels of that of Nina Aguas, the managing director of the Asia-Pacific private banking arm of Australia & New Zealand Banking Group, which this publication exclusively revealed last month.
Aguas, who was based in Singapore and was responsible for the private banking franchise in the region, also left after three years at the bank. She joined ANZ in 2009 as managing director of the retail bank in Asia.
Prior to joining ANZ, Aguas spent 25 years at Citigroup in various senior positions including managing director and head of corporate centre compliance in New York and country business manager of the global consumer group in the Philippines, as well as regional head of audit and risk for Asia-Pacific.
ANZ is expected this morning to announce more job losses in Melbourne to the hundreds already outlined, although the exact number has not been confirmed. The bank called a meeting with union officials at 9 am AEDT at its Docklands headquarters, according to local media.