NEWS UPDATE: Key executive departs Commonwealth

wealth management commonwealth bank chief executive

29 September 2008
| By By Mike Taylor |

The Commonwealth Bank has today announced the departure of one of its key senior executives — the group executive of premium business services, Stuart Grimshaw.

Grimshaw, who had also recently been group executive, wealth management, joined the bank in 2002.

Announcing Grimshaw’s departure today, Commonwealth chief executive Ralph Norris said Grimshaw would be leaving the bank prior to the end of the year “to pursue a new and challenging career”.

Norris said an announcement regarding a replacement for Grimshaw would be made in due course.

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