Commonwealth confirms Blomfield departure
The Commonwealth Bank has confirmed the departure of former Commsec general manager and more recently executive general manager of business banking, Michael Blomfield.
The bank confirmed earlier speculative reports with a spokesman saying: “Michael Blomfield will leave the Commonwealth Bank in March to take up a senior position outside the bank. The bank wishes him the best in his new role.”
AUTHOR
Mike Taylor
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.
