New Chairman at Commonwealth Bank of Australia
Catherine Livingstone will succeed David Turner as its Chairman at Commonwealth Bank of Australia. She is the current Non Executive Director since March 2016 and was formerly Chairman of Telstra Corporation.
She is the current President of Business Council of Australia and will retire from the role in November 2016. The appointment will be effective from 1st January 2017.
News Source: Commonwealth Bank of Australia Press Release
About Commonwealth Bank
The Commonwealth Bank is Australia’s leading provider of integrated financial services including retail banking, premium banking, business banking, institutional banking, funds management, superannuation, insurance, investment and sharebroking products and services. The Group is one of the largest listed companies on the Australian Securities Exchange and is included in the Morgan Stanley Capital Global Index. It was was founded under the Commonwealth Bank Act in 1911 and commenced operations in 1912, empowered to conduct both savings and general banking business. Today, the bank has grown to a business with more than 800,000 shareholders and 1,100 branches nationally.
- Origin : Sydney, Australia
- Assets : $933.1 billion
- Revenue : $24.6 billion
- Employees : 52,000
Official Website: www.commbank.com.au
News & Media: Press Release
Updated on 8th August 2016