Anz Group Holdings Limited · ASX:ANZ
Anz — Shareholder Meeting (December 2007)
16 slides from Anz's shareholder meeting presentation, Dec 18, 2007
Slide 1: Being Different: 2007 Annual General Meeting
BEING DIFFERENT w7anteam 2007 Annual General Meeting POMperooial use On
Slide 2: Michael Smith, Chief Executive Officer
For personal use only Michael Smith Chief Executive Chief Executive Officer Officer
Slide 3: 2007 Annual General Meeting
For personal use only 2007 Annual General Meeting
Slide 4: Views on the global economy
Views on the global economy For personal use only Global economic growth 8% 7% Forecasts 6% 5% 4% 3% 2% 1% 0% 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 Sources: IMF and Economics@ANZ . Note: GDP is measured in US$ at purchasing power par
Slide 5: Major trends changing the world for banks and financial institutions
Major trends changing the world for banks and financial institutions For personal use only Globalisation of capital Consolidation Convergence Technology Sustainability
Slide 6: Asia – an important driver of growth
Asia – an important driver of growth For personal use only • Top 10 European banks on average generate 11% of revenue from Asia Pacific • HSBC, Standard Chartered, UBS and Deutsche Bank generate $41bn revenue in Asia • In contrast, Australian banks generate ~1% of revenue from Asia
Slide 7: Consolidation and convergence
Consolidation and convergence For personal use only • Expect continued consolidation of financial services businesses • 700 European banks expected to disappear through mergers over the next three years* • Increased competition and greater reliance on technology *based on analysis from Deloitte Acco
Slide 8: Investing in people
Investing in people For personal use only ANZ has great people The next stage • Greater self confidence • Develop and recruit people who want to be the best and a great culture
Slide 9: My early impressions
My early impressions For personal use only Divisional level Personal Institutional New Zealand Asia/Pacific Largest exposure Great shape Strong franchise Performing well of Aus banks Share of wallet Under-performing Constrained by High potential opportunity peers the economy Missed opportunities Gro
Slide 10: Personal – Leading share of wallet
Personal – Leading share of wallet For personal use only From To Strong growth in new Maintain acquisition, customers Deepen relationships “Product of the Needs based selling month” Segment prioritised Product focused marketing In the pack on Clear leader in online technology and sales tools Below S
Slide 11: Institutional – Back to system
Institutional – Back to system For personal use only From To Too internally focused Customer focused Under-invested in Technology a technology critical enabler Conservative Risk Double Markets revenue approach Accelerate Asian growth Below system Back to system performance and beyond
Slide 12: New Zealand – Growing share, sub 40% CTI
New Zealand – Growing share, sub 40% CTI For personal use only From To Defending share, Customer acquisition, repositioning ANZ targeted segments Incremental cost Drive cost to income improvement below 40% Duplicate retail Single system systems Stable performance in Sustained line with market out pe
Slide 13: Asia-Pacific – As big as NZ by 2012
Asia-Pacific – As big as NZ by 2012 For personal use only From To Deepening franchise, Maintaining our customer base & network franchise capabilities Focus on Australia/NZ Broaden focus linked customers Asia platform via Focused on core Partnerships geographies 7 per cent of Group As big as NZ by 20
Slide 14: Our journey to becoming a super regional bank
Our journey to becoming a super regional bank For personal use only TRANSFORM OUT PERFORM RESTORE • Quality on par with global leaders Create a • Institutional in our market leading back to system Super Regional • Best of breed • Increase revenue faster customer bank experience than costs • In-fill
Slide 15: Growth based on four core capabilities
Growth based on four core capabilities For personal use only From To Customer / Segment Product based Customer centric focused Marketing is for Sales / Marketing Core skills for retail focused everyone Technology a A core source of Technology based constraint advantage Meeting Performance driven Out
Slide 16: Our vision is for ANZ to be a super regional bank
Our vision is for ANZ to be a super regional bank For personal use only Australia NZ Asia Other Pacific 69% of all ANZ profit 22% 7% 2% ANZ today ANZ 2012 ~60% of all ANZ profit ~20% ~20% ~2% Australia NZ Asia • Personal – grow share • Grow • Organic share growth • Institutional – improve performanc
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