Hari Janakiraman, head of industry and innovation, transaction banking at ANZ, discussed legal frameworks, digital standards and tokenisation pilots, including Australia's Project Acacia, with FA in an exclusive interview.
The Australian regulator has cited four proceedings at the bank spanning misconduct across ANZ's institutional and retail divisions, including over the management of a A$14bn government bond issue; ANZ, which is cutting 3,500 jobs, has admitted to "unconscionable conduct" and apologised.
Tanar is currently ANZ country head for Germany and will replace Mitchell Mason; the bank sees growth opportunities across markets, financial institutions and DCM.
The seventh issuance, listed on SGX, aims to continue leveraging blended finance to develop gender-lens investments across Asia; a second tranche in the pipeline could make it the largest in the WLB series.
The bonds' five tranches raised HK$27bn, with the 30-year HKD infra bond being the longest tenor of a HKD-denominated government bond; the issuances are set to extend the HKD benchmark yield curve.