Gonski steps up as ANZ chairman

Respected businessman David Gonski (pic) is set to replace John Morschel as ANZ chairman on May 1. Source: AAP

RESPECTED businessman David Gonski takes control in ANZ's boardroom on Thursday, replacing the bank's chairman of four years John Morschel.

Mr Gonski was appointed to the ANZ board in December with the view to taking over from Mr Morschel when he retired on April 30.

"It has been an honour to have served as an ANZ director since 2004 and to have been chairman of ANZ over the past four years," Mr Morschel said.

Mr Gonski, a former chairman of the federal government's Future Fund, previously served as a director for ANZ between 2002 and 2007.

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