Board changes at CBA

The Commonwealth Bank has announced what it is describing as board renewal, with the exit of two long-standing directors and the appointment of experienced Anne Templeman-Jones as an independent non-executive director.

The two directors retiring from the board at the conclusion of the 2018 Annual General Meeting will be former AMP chief executive, Andrew Mohl, who has served 10 years and Brian Long, who has served over eight years.

Announcing the changes, Commonwealth Bank chair, Catherine Livingstone said it reflected the bank’s commitment to the ongoing renewal process outlined at last year’s AGM.

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Templeman-Jones had been chairman of the Commonwealth Bank’s financial planning companies since 2015 and is currently serving on the boards of HT&E, GUD Holdings, Citadal Group and WorleyParsons.

She had previously been on the boards of Cuscal, Pioneer Credit Limited and TAL.

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