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ANZ deputy chief executive Graham Hodges will retire in May after almost three decades with the banking giant.

Mr Hodges has held his current role since 2009 and served in a number of senior roles including chief economist and chief executive of the bank’s New Zealand arm.

Chief executive Shayne Elliott says Mr Hodges has made a significant contribution since joining in 1991, working across many portfolios and mentoring the bank’s next generation of leaders.