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Managing Director and Chief Executive Officer, Ian Narev, will retire by the end of the 2018 financial year, with the exact timing dependent on the outcome of an ongoing comprehensive internal and external search process.
More to come.
CBA boss to step down
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The chairman of the Commonwealth Bank of Australia, Catherin Livingstone AO, said today that the board had decided to provide details of its planned CEO succession process to ensure the market is fully informed and to provide certainty for the business.
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ANZ has continued to be the top supporter of brokers among the majors, with broker flows hitting record highs and the ...
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The major bank’s new loans originated from the third-party channel have dipped amid a competitive market.
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With the number of brokers now totalling around 21,000 across the country, the industry has never been bigger.
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