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Briefs: ANZ moves more jobs offshore, food company executive to head iSelect, rare banknote goes to

13 March 2014 4:34PM
ANZ confirmed that it would shift around 60 jobs from a collections centre in Melbourne to Manila. Another 20 staff would be made redundant. The bank said "early stage" contact with customers would be from offshore, but complex matters and hardship cases would be handled by local staff. Financial products comparison website operator iSelect has appointed Alex Stevens as its new chief executive. Stevens was most recently the managing director of the food company Fonterra Brands in Australia. He has also worked as CEO of PepsiCo Australia and New Zealand. He has a background in investment banking with executive roles at UBS and JP Morgan. A 10-shilling note issued by the Bank of New South Wales on the day it opened in 1817 will be auctioned later this month by Noble Numismatics. The note comes from a private collection in Scotland and is claimed to be the only known specimen of Australia's first official banknote. Noble Numismatics estimated the value of the note at A$250,000.

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