Former BA chief to be new ANZ chairman

ANZ, Australia s third-largest lender, has appointed Sir Rod Eddington to succeed long-standing chairman Charles Goode from the middle of next year, in a move designed to boost the credibility of its board.Sir Rod, the non-executive chairman of JP Morgan Australia and former chief executive of British Airways and Cathay Pacific, sits on a number of boards including Rio Tinto, News Corp, China Light & Power and John Swire & Son.