Commonwealth Bank chief financial officer Rob Jesudason has resigned, leaving new chief executive Matt Comyn with a sixth senior management role to fill as he works to rebuild the bank's reputation amid a series of scandals.
Alan Docherty has been appointed acting CFO while the bank undertakes an internal and external search for a replacement.
The latest departure comes at a tumultuous time for CBA, which is facing explosive allegations it repeatedly breached money laundering and terrorism financing laws and, along with its rivals, is under fierce scrutiny from the royal commission into financial misconduct.
Mr Comyn is under pressure to fill positions in his senior leadership team after the bank in March announced institutional boss Kelly Bayer Rosmarin, technology chief David Whiteing, and human resources executive Melanie Laing would all depart. As well as these departures, Mr Comyn must find a replacement for his current position as head of retail banking, CBA's largest division, and a leader to run its wealth operations, after the departure of Annabel Spring last year.
"We are making good progress with the renewal of the bank’s executive team and I expect to provide an update on appointments to my leadership team in the coming weeks,” Mr Comyn said.
Alan Docherty has been appointed acting CFO while the bank undertakes an internal and external search for a replacement.
Mr Comyn is under pressure to fill positions in his senior leadership team after the bank in March announced institutional boss Kelly Bayer Rosmarin, technology chief David Whiteing, and human resources executive Melanie Laing would all depart. As well as these departures, Mr Comyn must find a replacement for his current position as head of retail banking, CBA's largest division, and a leader to run its wealth operations, after the departure of Annabel Spring last year.
"We are making good progress with the renewal of the bank’s executive team and I expect to provide an update on appointments to my leadership team in the coming weeks,” Mr Comyn said.
