CBA appoints new group executive international financial services
The Commonwealth Bank (CBA) is appointing the former chief executive of CBA-bought technology group, TYME as its new group executive international financial services.
Coen Jonker would take on the role in place of Rob Jesudason, who would commence in the new position of chief financial officer from 1 July. Commenting on the appointment, CBA chief executive, Ian Narev said Jonker’s experience on the bank’s International Financial Services leadership team had placed him as an attractive candidate for the position.
“In his current role, he has successfully led the team that has designed, built and now operates a new model for retail banking in emerging markets. In addition, he has demonstrated strong values, and shown himself to be an inclusive leader,” Narev said.
“Coen’s insight into how digital technologies can transform the traditional retail and small business banking model was evident when he joined CBA.
“He has deep banking experience, as well as a track record as a fintech entrepreneur.”
Jonker would be based in Hong Kong with his appointment effective from 1 July.
AUTHOR
Hope William-Smith
Recommended for you
With an advice M&A deal taking around six months to enact, two experts have shared their tips on how buyers and sellers can avoid “deal fatigue” and prevent potential deals from collapsing.
Several financial advisers have been shortlisted in the ninth annual Women in Finance Awards 2025, to be held on 14 November.
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
