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."
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.