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
Next year will see AMP roll out an end-to-end solution for its North platform, marking a shift in the firm’s position within the advice technology sector and building on adviser feedback.
My Dealer Services is predicting strong growth in self-licensing next year, citing recent ASIC action against Interprac and the desire for independence as key drivers of the self-licensing trend.
ASIC has handed down a six-month AFSL suspension to MW Planning after the firm failed to replace its banned responsible manager.
Despite the year almost at an end, advisers have been considerably active in licensee switching this week while the profession has reported a slight uptick in numbers.
