Dentsu Aegis Network ANZ CEO Henry Tajer and CFO Reg Davidson have left the company, effective tomorrow.

Making the announcement chief executive APAC Ashish Bhasin said he believed the change was right for the network.

“Australia & New Zealand (ANZ) are important markets and have a critical role in our global business strategy.  In 2019 our business in Australia continued to be impacted by local market and business challenges and I would like to thank Henry and Reg for their support during a difficult period,” Bhasin said.

“To help the market return to growth, the ANZ Leadership team have created a blueprint to enable much-needed transformation, one which will leave the business with stronger foundations and a more competitive local business model.

“As a Leadership team we are committed to all our regional markets as well as providing stability to our teams, business, clients and partners.”

Tajer only joined DAN in January of this year, after a brief stint as managing director of media services at Amazon Australia.

Angela Tangas has been appointed as CEO Dentsu Aegis Network ANZ while Jerome Whelan takes the reigns as CFO.