Get all your news in one place.
100’s of premium titles.
One app.
Start reading
AAP
AAP
Politics
Kat Wong

Senior Liberal senator to swap parliament for bank role

Simon Birmingham has been appointed as the head of Asia Pacific engagement for banking giant ANZ. (Mick Tsikas/AAP PHOTOS)

Veteran Liberal senator Simon Birmingham has unveiled his new gig after revealing he would step down from federal politics in a shock announcement.

In late November, the coalition's upper chamber leader announced he will leave parliament at the 2025 federal election, putting an end to almost two decades in politics for a new role that was officially revealed on Thursday.

Senator Birmingham has been appointed as head of Asia Pacific engagement and South Australian chairman for banking giant ANZ.

"ANZ has long played a strong role in promoting trade and capital flows throughout the Asia Pacific, facilitating the growth of Australian companies overseas and investment flows into Australia," he said.

"I look forward to working closely with ANZ's customers and the bank's leadership, both at home and across the Asia Pacific region."

ANZ CEO Shayne Elliott
ANZ CEO Shayne Elliott said the Liberal senator would bring significant experience to his roles. (Richard Wainwright/AAP PHOTOS)

The opposition foreign affairs spokesman is expected to draw from his experience in this new position, chief executive Shayne Elliott said.

"Simon Birmingham has had a distinguished career," he said.

"His significant experience and knowledge of trade, investment and the economies and governments of the Asia Pacific, will help ANZ and our customers to create opportunities across the region."

The senator will begin in his new position in February 2024 and will be based in Adelaide.

Senator Birmingham entered parliament in 2007 and has served as trade, finance and education ministers in coalition governments under Malcolm Turnbull and Scott Morrison.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.