Andrew Betteridge has been named as the new Country Head for ANZ Papua New Guinea, pending regulatory approval. He will report to Tammy Medard, Managing Director of Institutional Banking Australia and PNG. Betteridge, who has served as Deputy Country Head since 2024, is set to succeed Lachlan Halstead. Halstead, subject to regulatory clearance, will move to Shanghai to become Country Head for ANZ China.
Betteridge has lived in Papua New Guinea since 2017 and initially led ANZ’s Research and Analysis team before becoming Head of Coverage. His career with ANZ includes senior roles in Samoa, Fiji, and New Zealand.
Commenting on the appointment, Tammy Medard said: “Andrew is a seasoned banker and a steady pair of hands to take our PNG business to the next level.
“PNG is a key part of ANZ’s international network, with opportunities across agriculture and natural resources in particular. It is an important trading partner to many countries across the Asia Pacific, which is key for ANZ as we continue to support large corporate and multinational customers with trade and capital flows across the region.
“After a global search, I’m pleased we were able to make this appointment internally, reflecting our strong focus on succession planning,” Ms Medard said.
Pending regulatory approval, Betteridge is expected to start his new role in September for a smooth transition from Halstead.
ANZ has operated in Papua New Guinea since 1910 and offers services such as transaction banking, markets operations, loans, and specialized finance. The bank focuses on sectors including resources, energy, infrastructure, food and beverage production, agriculture, and diversified industries.
The bank also runs MoneyMinded in Papua New Guinea—a financial literacy program designed to improve financial inclusion and capability among local communities.