CBA says Matt Comyn will be the new Chief Executive Officer of the Commonwealth Bank of Australia (CBA), effective 9 April 2018, replacing Ian Narev, who announced in August that he would retire before the end of this financial year, after more than six years in the role.
An internal appointment, Matt Comyn has nearly 20 years’ experience in banking across business, institutional, retail and wealth management.
He joined the Commonwealth Bank Group in 1999 where he has held a number of senior leadership roles. In 2012 he was appointed Group Executive Retail Banking Services, which now accounts for half of the Group’s profit and also leads the development of digital products and services on behalf of the Group.