Commbank exits as Comyn makes mark
Incoming Commonwealth Bank chief executive, Matt Comyn this week gave himself room to build his own senior executive team announcing the exit of three of the most experienced executives within current chief executive, Ian Narev’s team
Comyn announced that Melanie Laing, Group Executive Human Resources, Kelly Bayer Rosmarin, Group Executive Institutional Banking and Markets, and David Whiteing, Group Executive Enterprise Services and Chief Information Officer, would be leaving the Bank in the coming months.
The formal bank announcement said that the changes had been announced ahead of Comyn assuming his new role on 9 April.
The reasons for the exits were attributed to Narev who was quoted as stating: “Leadership transitions are inevitably a time of change in senior teams, as executives reassess their own plans, and the Bank prepares for its future. Today we are announcing the departure of three high calibre executives who have contributed significantly to CBA.”
The bank’s statement said Comyn had initiated the search processes for vacant positions and that the global search for his current position of Group Executive Retail Banking Services is progressing well.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.