CBA appoints group head of strategy
The Commonwealth Bank has announced the appointment of Annabel Spring as group head of strategy.
Spring’s most recent position was managing director, head of global strategy and execution for Morgan Stanley in New York.
She takes over from Ian Narev who was recently appointed to group executive business and private banking.
The group’s chief executive officer, Ralph Norris, said: “Annabel is a high calibre executive who brings significant financial services and strategic development experience, both within and outside of Australia to our strategy area.”
Recommended for you
A strong demand for core fixed income solutions has seen the Betashares Australian Composite Bond ETF surpass $1 billion in funds under management, driven by both advisers and investors.
As the end of the year approaches, two listed advice licensees have seen significant year-on-year improvement in their share price with only one firm reporting a loss since the start of 2025.
Having departed Magellan after more than 18 years, its former head of investment Gerald Stack has been appointed as chief executive of MFF Group.
With scalability becoming increasingly important for advice firms, a specialist consultant says organisational structure and strategic planning can be the biggest hurdles for those chasing growth.
