Further executive moves affect CBA

3 October 2017
| By Staff |
image
image
expand image

Chief executive and managing director of wholly-owned Commonwealth Bank of Australia (CBA) subsidiary ASB Bank, Barbara Chapman, is departing her position and intends to retire at Easter next year.

In a statement from CBA Group, it was confirmed that a recruitment strategy would be well in place ahead of Chapman’s intended exit in 2018.

Chapman has held the Auckland-based dual role of chief executive and managing director with ASB Bank since April 2011, commenced her career with CBA in 1994, and is a former chair of the New Zealand Bankers’ Association.

 

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 1 day ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND