Eddie Listorti leaves ANZ's global markets top job

Eddie Listorti, acting global head of markets at ANZ, has left the Australian bank to set up his own commodities fund.

Shayne Collins, group general manager for markets risk, took over responsibility for the global markets division on February 22, until a permanent appointment is made.

Singapore-based Listorti replaced Steve Bellotti at the helm of ANZ's global markets division after he left the firm in November.

"I realise it is probably a surprise to see Eddie leaving," said ANZ chief executive Mark Whelan in an internal note. "He took on the role at short notice in November, after Steve Bellotti left ANZ. In that time, Eddie has done a great job leading the business through a challenging period with volatile financial markets and reputational issues in the media. However, I understand the personal ambition he has to step outside ANZ to establish his own fund."

Since joining the Australian bank in 2010, Listorti led its venture into the fixed-income, currencies and commodities (Ficc) business as part of a drive to support customer trade and investment flows, including expansion in Singapore, China and London.

Previously, Listorti worked at Dresdner Kleinwort's London office for 10 years since 2009, most recently as global head of Ficc. He also worked at Bankers Trust between 1996 and 1999.