ANZ creates head of environmental markets role

ANZ Institutional has created the role of head of environmental markets, a role designed to expand the bank's environmental sustainability strategy.

Andreas Kodell has been appointed as ANZ's inaugural head of environmental markets, reporting jointly to ANZ managing director, corporate finance, Christina Tonkin and managing director for markets Shayne Collins.

Kodell joined ANZ last year as ESG advisor from KEAL Capital, now part of Melqart, where he was a partner. He has almost three decades of investment banking and funds experience, including senior roles in finance, risk and ,arkets at global firms such as Merrill Lynch, Bear Stearns and Deutsche Bank. He also helped establish Cyclades Preservation Fund in Greece and the Devon Environment Foundation in the UK as a founding member.

In his new role, Kodell will work closely with ANZ head of sustainable finance Katharine Tapley and the Markets team.

"As a leading sustainability bank in the region, our priority is to help our customers capture opportunities that will help them hit their net zero targets," Tonkin said. "This is an important new role helping bring together our existing strength in this area, while also building on it for the future."

ANZ has also hired Stuart Smith as head of commodities within the markets business. Smith will be based in Singapore, reporting to head of trading and markets, Asia Anshul Sidher.

Smith joins ANZ from Citibank where he was head of commodities APAC. Before that, he held leadership roles including global head of commodity structuring for Commonwealth Bank of Australia, head of commodity sales and structuring for Deutsche Bank Asia, and led LNG trading at Goldman Sachs.

In his new role, Smith will manage ANZ's commodities sales and trading across five markets, spanning diverse asset classes including energy, agri-commodities, precious metals and carbon.

"Stuart brings an impressive track record in building businesses and unique experience in both sales and risk management," Stuart said. The commodities business is an important pillar of the bank's environmental sustainability strategy and his unique understanding of the energy markets positions our team exceptionally well."

Read more: ANZ InstitutionalStuart SmithAndreas KodellChristina TonkinAnshul SidherKatharine TapleyShayne Collins