NEWS UPDATE: Key executive departs Commonwealth
The Commonwealth Bank has today announced the departure of one of its key senior executives — the group executive of premium business services, Stuart Grimshaw.
Grimshaw, who had also recently been group executive, wealth management, joined the bank in 2002.
Announcing Grimshaw’s departure today, Commonwealth chief executive Ralph Norris said Grimshaw would be leaving the bank prior to the end of the year “to pursue a new and challenging career”.
Norris said an announcement regarding a replacement for Grimshaw would be made in due course.
Recommended for you
AZ NGA has partnered with an Adelaide-based accounting and financial planning practice as it expands its presence in South Australia.
The central bank has released its decision on the official cash rate following its November monetary policy meeting.
ASIC has cancelled the AFSL of a Melbourne-based managed investment scheme operator over a failure to pay industry levies and meet its statutory audit and financial reporting lodgement obligations.
Melbourne advice firm Hewison Private Wealth has marked four decades of service after making its start in 1985 as a “truly independent advice business” in a largely product-led market.

