He takes over in October from Shane Buggle, who will be retiring after 25 years at the bank.

ANZ has appointed Hong Kong-based Farhan Faruqui as chief financial officer, reporting to CEO Shayne Elliott, the Australian lender said on Wednesday in a statement.

Faruqui was previously one of Citigroup's highest-ranking bankers in Asia, leading its corporate and investment bank in Asia, and global loans and capital markets business in the region. He joined ANZ in 2014 as chief executive officer, international banking, responsible for ANZ's institutional business in 19 markets, across Asia, Europe, Middle East and America. 

In his new role, which will be based in Melbourne, Faruqui will be responsible for all aspects of finance, as well as treasury, mergers and acquisitions, and investor relations, ANZ said in the statement.