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Commonwealth Bank announces leadership changes

Commonwealth Bank CEO Ian Narev
Commonwealth Bank CEO Ian Narev Source: AAP

Commonwealth Bank boss Ian Narev is to step down next year and has taken a massive pay cut as the bank deals with allegations of breaches of anti-money-laundering rules. Despite delivering shareholder wealth during his tenure, Ian Narev has been at the helm of a number of scandals.


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By Maya Jamieson, Ricardo Gonçalves

Presented by Biljana Ristic

Source: SBS



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Commonwealth Bank boss Ian Narev is to step down next year and has taken a massive pay cut as the bank deals with allegations of breaches of anti-money-laundering rules. Despite delivering shareholder wealth during his tenure, Ian Narev has been at the helm of a number of scandals.



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