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Outgoing Commonwealth Bank CEO Ian Narev and the bank’s next chief Matt Comyn announced yesterday three senior executives will leave the firm.
They are:
"Leadership transitions are inevitably a time of change in senior teams, as executives reassess their own plans, and the bank prepares for its future,” said Narev in a statement.
Both Rosmarin and Whiteing will step down in April. Laing will retire by the end of the 2018 calendar year.
While the bank searches for Rosmarin and Whiteing’s successors, George Confos, currently executive general manager business and corporate finance, will take acting responsibilities for the Institutional Banking and Markets division. Paul Newham, currently executive general manager group operations, will take acting responsibilities for the enterprise services.
The announcement was made ahead of Comyn assuming his role on 9 April. The incoming CEO said he has already began the search for the replacements is going well. He is also looking for a replacement to assume his current role as group executive retail banking services.
“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," Comyn said.
