Shayne Elliot, ANZ Chief Executive, visits his childhood home, 3 Milich Terrace, Te Atatu. 09 March 2016 Herald on Sunday photograph by Michael Craig
The Kiwi boss of ANZ across the Tasman has cut the number of on-call limousine drivers for bank executives from five to one, reports the Australian Financial Review.
Shayne Elliott, the chief executive of ANZ, has ended the era of executive perks at the bank, the AFR says.
As well
as cutting the limo drivers, his predecessor's large office has also been turned into a meeting room, the AFR reports.
The AFR says that Elliott earns about A$6 million a year (if he gets bonuses) compared to former boss Mike Smith's A$10 million.
Elliott, the son of a builder who grew up in Te Atatu South, took over the top job at ANZ earlier this year.
