Commonwealth Bank’s CEO, Matt Comyn, has announced several changes to the bank’s executive leadership team in anticipation of key retirements.
Two senior executives are set to retire in 2025, creating opportunities to refresh the team while ensuring continuity.
“With two members of CBA’s executive leadership team retiring in 2025, we are making strategic changes to maintain balance between experience and fresh perspectives,” Comyn said.
Nigel Williams, group chief risk officer, will retire in February after six years with CBA.
During his tenure, Williams played a crucial role in improving the bank’s governance and risk management. He also helped guide the bank through the challenges of the pandemic.
Taking his place will be Andrew Hinchliff (pictured above left), currently the group executive for institutional banking and markets. Hinchliff has been with CBA since 2015 and brings extensive financial and risk management expertise to the role.
Sian Lewis, group executive for human resources, is also set to retire in February. Over her decade-long tenure, Lewis was pivotal in driving cultural renewal at CBA and shaping the workforce of the future.
Kiersten Robinson, formerly with Ford Motor Company, will step in as the new chief people officer, pending regulatory approval. Robinson has nearly 30 years of experience across global markets and was previously Ford’s chief people officer, leading HR strategies for over 250,000 employees.
With Hinchliff moving into his new role, Sinead Taylor, currently chief operations officer, will assume the position of group executive for institutional banking and markets.
Taylor has been with CBA for more than 20 years and has led numerous divisions, including Bankwest and Global Markets.
Replacing Taylor as chief operations officer will be Emma Bunnell, pending regulatory approval.
Bunnell joins from HSBC UK, where she led multiple functions, including financial crime operations and technology.
“These appointments deliver a blend of experience, operational expertise, and a forward-thinking approach to help us execute our ambitious strategy,” Comyn said.
He also expressed gratitude for the contributions of the retiring leaders, Nigel Williams (pictured above right) and Sian Lewis.
The new appointments will be effective from Feb. 17, ensuring a smooth transition as CBA continues to drive growth and innovation in the financial sector.
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