PHD wins $60m ANZ account

Strong rumours have reached Mumbrella that media agency PHD has won the account for banking giant ANZ after a head-to-head pitch against incumbent Mitchells.

Update: ANZ has confirmed the news, and issued the following statement:

ANZ today confirmed it has appointed PHD as its new global media agency responsible for media strategy and buying across all geographies and segments.

The account sees an Australian media spend of around $60m. If confirmed, it is the biggest win for PHD since the Omnicom-owned agency rebadged from Total Media just over three years ago. It would grow the agency’s annual billings to well over $300m.

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