Key CBA executive departs

The Commonwealth Bank’s group general counsel and group executive, Group Corporate Affairs, Anna Lenahan is leaving the big banking group.

She is the woman who has guided the banking group through some of its recent major legal challenges.

Lenahan’s departure was announced to the Australian Securities Exchange (ASX) today with the company saying she would retire effective 30 June.

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Confirming Lenahan’s departure, Commonwealth Bank chief executive, Matt Comyn said she had played a critical role in helping steer the Group through a wide variety of legal and regulatory challenges including AUSTRAC, the Bank Bill Swap Rate issue, the Australian Prudential Regulation Authority inquiry and the Royal Commission.

The announcement said a comprehensive domestic and global search was underway to identify a successor.

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