AUSTRALIA and New Zealand Banking Group (ANZ) has appointed the head of corporate banking at ABN-AMRO Bank in London to run its structured finance operations in Asia as it rebuilds its Asian merchant banking operations. A spokesman for ANZ said Gordon Branston was joining ANZ from ABN-AMRO in London where he headed project financing, syndications, tax-based finance and acquisition finance. Mr Branston would be responsible for international and structured finance and would cover international origination, primary syndications, structured export and project finance, the spokesman said. He had worked in Hong Kong for five years with Bank of America (Asia). The spokesman said that ANZ was planning to build up its international finance product base, with an emphasis on trade and investment flows into Australia, Asia-Pacific, South Asia and the Middle East. Earlier this month the bank appointed Rollo Prendergast, previously the deputy head of ANZ's international merchant banking division in London to be the Hong Kong-based director for international finance in Asia. ANZ wants to promote itself in the region in structured finance, export finance, project finance, Eurocurrency syndications, and to be more active in regional infrastructure development. The bank has renewed its interest in Asia following a lull from 1992 when it wound down regional merchant banking operations and effectively pulled out of Asia.