iTWire

Just a week after speaking at a CEDA event to stress the importance of technology to the success of banks in the current economic climate, ANZ Bank chief information officer Anne Weatherston has been stripped of her direct reporting link to the bank's CEO Mike Smith.

Cloud vendors may be wildly spruiking their wares - but they need to evolve their offerings further according to ANZ chief information officer Anne Weatherston who does not believe cloud is likely to be relevant for banks for another five years.

ANZ Bank chief information officer Anne Weatherston has unveiled a radical overhaul of the structure and composition of the IT teams at the bank in order to meet the technology needs of the institution as it increasingly positions itself as a regional, rather than just ANZ-focussed,  financial services provider.