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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.


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By Maya Jamieson, Ricardo Gonçalves, Kim Phụng

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.


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


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