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Changing of the guard at CBA

Wednesday 28 March 2018

Financial Review 

Matt Comyn, new CEO of the Commonwealth Bank of Australia (CBA), said he will be building a strong executive team that can be trusted.

"As incoming CEO, I am focused on building an executive leadership team that will work to exceed the expectations of our customers, the community and regulators; rebuild the trust and pride in our bank; and enhance the financial wellbeing of every customer we serve," Mr Comyn said.

Five group executives out of 13 have left CBA since AUSTRAC brought its case against the bank last August.

The Australian Financial Review reported that Kelly Bayer Rosmarin, Group Executive of Institutional Banking and Markets, David Whiteing, Group Executive of Enterprise Services and Chief Information Officer, and Melanie Laing, Group Executive of Human Resources all announced last Monday that they will be leaving.