ANZ reverse discriminates against Angus Aitken

Christopher Joye

Coolabah Capital

I have published a brief analysis in the AFR of ANZ's decision to appoint Michelle Jablko as CFO and the ensuing controversy surrounding Angus Aitken's remarks on this subject. Excerpt: "Stockbroker Angus Aitken's comments were not remotely sexist...The suggestion is arguably scandalous. On any objective reading, there is not one explicitly or implicitly sexist statement in Aitken's now nationally publicised excoriation of ANZ's decision on the basis of his entirely credible view that investment bankers tend to make bad business people...The acutely ironic aspect of ANZ's argument is that it represents a form of reverse discrimination against Aitken. This appears to be an attempt to censure Aitken's critique by using Jablko's gender against him. And it has been totally counterproductive: nobody was seriously thinking ANZ's hard-headed chief executive Shayne Elliott would predicate his choice of CFO on the basis of their gender. Yet now Jablko admirable ascension to one of the most senior executive positions in corporate Australia will forever be tarnished by the sordid insinuation it was not exclusively attributable to merit." Free (VIEW LINK)


2 topics

Christopher Joye
Portfolio Manager & Chief Investment Officer
Coolabah Capital

Chris co-founded Coolabah in 2011, which today runs $7 billion with a team of 33 executives focussed on generating credit alpha from mispricings across fixed-income markets. In 2019, Chris was selected as one of FE fundinfo’s Top 10 “Alpha...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.