Chief Executive Officer of Commonwealth Bank of Australia, Ian Narev, and the incoming Chief Executive Officer, Matt Comyn, have announced changes to the Bank's senior executive team. 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, will leave the Bank in the coming months. The changes are being announced ahead of Mr. Comyn assuming his new role on 9 April 2018.

Mr. Comyn has commenced the search processes for these positions and that the global search for his current position of Group Executive Retail Banking Services is progressing well. George Confos, currently Executive General Manager Business and Corporate Finance, will take acting responsibilities for the Institutional Banking and Markets division while a global search is undertaken for Ms. Bayer Rosmarin's successor. Paul Newham, currently Executive General Manager Group Operations, will take acting responsibilities for the Enterprise Services division while a global search is undertaken for Mr. Whiteing's successor.