CBA appoints new group chief financial officer
Current Commonwealth Bank of Australia (CBA) group executive for international financial services, Rob Jesudason, is taking on the role of group chief financial officer, taking the baton from David Craig who will be retiring at the end of the financial year.
Jesadason had joined CBA in 2011 in the position of head of strategy, and had been based in Hong Kong since 2014 in his position as executive of international financial services.
CBA chief executive, Ian Narev, said the promotion of Jesadason came after a thorough search to fill Craig’s position.
“We are pleased to appoint Rob following a global search. He has made a strong contribution over more than five years at CBA,” he said.
“He has worked alongside financial institutions across the world, and has an acute sense of the rapidly moving economic, regulatory and competitive landscape.”
CBA had not yet announced a successor to the group executive of international financial services position.
AUTHOR
Hope William-Smith
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
