The Commonwealth Bank of Australia
(ASX:CBA) has announced David Craig will retire as Group's Chief Financial Officer on 30 June 2017.
CBA says the outgoing CFO joined CBA in 2006 and has been a linchpin to the bank’s executive team.
Commenting on the change, CEO Ian Narev says David Craig made a lasting contribution to the bank, particularly while he led the bank through the global financial crisis and subsequent regulatory change.
He will be replaced by the Group Executive for International Financial Services, Rob Jesudason (from 1 July 2017).
Rob Jesudason has been with CBA since 2011. He has over 20 years experience in financial services.
Shares in The Commonwealth Bank of Australia
(ASX:CBA) are about 0.74% higher to $83.56
