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.
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.
The board has now confirmed Ian Narev willl retire by the end of the 2018 financial year.