Commonwealth Bank Limited (ASX:CBA)

Building a brighter financial future for Australians.

About Us

Commonwealth Bank of Australia (CBA) is one of the largest and most respected financial institutions in Australia. Established in 1911, the bank has grown to serve millions of customers with a wide range of financial products and services, including retail, business, and institutional banking. CBA is committed to innovation, customer service, and supporting the financial wellbeing of its clients and communities.

Company Overview

The Commonwealth Bank of Australia (CBA) is a leading provider of integrated financial services in Australia, including retail banking, business banking, institutional banking, funds management, insurance, investment, and broking services. Headquartered in Sydney, CBA has a comprehensive branch and ATM network across Australia and a presence in New Zealand, Asia, the United States, and the United Kingdom. The bank's mission is to excel at securing and enhancing the financial wellbeing of people, businesses, and communities.

CBA is dedicated to delivering exceptional customer service, fostering financial innovation, and ensuring the security and growth of its clients' assets. The bank leverages advanced technology and data analytics to provide personalised financial solutions, aiming to create value for its shareholders and positive impacts for society. The institution is also committed to sustainability, implementing responsible banking practices to support environmental and social outcomes.

Board & Management

Paul O'Malley

Paul O'Malley

Chairman & Independent Non-Executive Director

Paul has broad executive leadership and operational experience. He served as Managing Director and Chief Executive Officer of BlueScope Steel Ltd for 10 years, after joining the company as Chief Financial Officer. Previously, Paul was the Chief Executive Officer of TXU Energy, a subsidiary of TXU Corp based in Dallas, Texas. He also has a strong background in finance and accounting and worked in investment banking and audit. Paul is a former Director of the Worldsteel Association, Chair of its Nominating Committee, and Trustee of the Melbourne Cricket Ground Trust. Paul was a former Non-Executive Director of Coles Group Limited.

Matt Comyn

Matt Comyn

Managing Director & Chief Executive Director

Matt Comyn has been the Chief Executive Officer and Managing Director of the Commonwealth Bank of Australia since 9 April 2018. Matt has over 20 years’ experience in banking across business, institutional, retail and wealth management and has held a number of senior leadership roles since joining the Bank in 1999.

As CEO, Matt is focused on delivering global best digital experiences for customers, underpinned by strong risk management and a strong commitment to customer service.

From 2012 until his appointment as Chief Executive Officer, Matt was Group Executive Retail Banking Services, the Bank's largest operating division, which accounts for more than half of the Bank’s profit and also leads the development of digital products and services for the Bank. Between 2006 and 2010, Matt was Managing Director of the Bank's biggest digital business, CommSec, overseeing a significant modernisation of its technology platform and growing market share and profitability.

Matt is a director of the Business Council of Australia and Financial Markets Foundation for Children.

Lyn Cobley

Lyn Cobley

Independent Non-Executive Director

Lyn is an experienced Banking and Financial Services leader with over 30 years’ experience in senior positions at Australian and Global banks. Lyn has served as CEO of Westpac Institutional Bank, Chair of Westpac Asia Advisory Board, Group Treasurer of Commonwealth Bank of Australia and held senior roles at Barclays Capital and Citibank Limited.

Lyn has strong experience in strategy and leadership, people and culture matters, transformation, technology, and navigating the complexity in regulated industries. She also has experience with sustainability and climate action in the financial services sector and was a Trustee Board member of the Westpac Foundation.

Lyn is a member of Chief Executive Women, a member of the Macquarie University Council, where she chairs the Finance and Facilities Committee, and an Advisory Member, EXL APAC Advisory Council. She is a former director of the Australian Financial Markets Association.

Julie Galbo

Julie Galbo

Independent Non-Executive Director

Julie is an experienced financial services professional with substantial banking, strategy, risk and regulatory experience. Julie is Chairperson of the board of each of Trifork AG and Gro Capital, and a Non-Executive Director of UniCredit SpA, where she serves on the board audit committee. During her executive career Julie held a number of leadership positions with Nordea Bank Abp, including the role of Group Chief Risk Officer, and with the Danish Financial Services Authority, including the role of Deputy Director General, as well as serving on the Management Board of the European Securities and Markets Authority. Julie is the former Chairman of the board of Fundamental Fondsmæglerselskab A/S.

Julie is a member of faculty of the Board Academy at Copenhagen Business School, the advisory council of the International Association of Credit Portfolio Managers, and a Senior Advisor to the European Union Global AML/CFT Facility. Julie is a member of Bestyrelsesforeningen (Danish Institute of Company Directors).

Julie was a former Non-Executive Director of DNB Bank ASA.

Peter Harmer

Peter Harmer

Independent Non-Executive Director

Peter brings a diversity of thought in the areas of risk, customer perspectives and environmental, social and governance practices. He has significant experience in customer service and innovation within the insurance segment and financial services, and a deep understanding of environmental principles.

Peter was previously Managing Director and Chief Executive Officer of Insurance Australia Group Ltd (IAG). Peter joined IAG in 2010 as Chief Executive Officer of CGU Insurance, and held a number of senior roles including Chief Executive of the IAG Labs division where he was responsible for customer experience strategy, product, pricing and marketing, and innovation. During his time at IAG he led initiatives for driving digital innovation across IAG and its brands, and created incubator areas to explore innovative customer solutions across the fintech landscape.

Prior to IAG he was Chief Executive Officer of Aon Ltd UK and a member of Aon’s Global Executive Committee, after serving as Chief Executive Officer of Aon’s Australian, New Zealand and Pacific operations.

Peter is a Director of nib holdings limited, AUB Group Limited, and Lawcover Insurance Pty Limited, an Executive Mentor with Merryck & Co ANZ, a member of the Bain Advisory Council, and an Advisory Member, EXL APAC Advisory Council.

Simon Moutter

Simon Moutter

Independent Non-Executive Director

Simon has extensive leadership experience in technology, process effectiveness and business strategy. He was Managing Director of Spark New Zealand, where he held this position for seven years until 2019. He is also a former Chief Executive Officer of Auckland International Airport and has previously held senior management roles in telecommunications and energy companies.

Simon is the Chair of Kainga Ora, Housing New Zealand Limited, Housing New Zealand Build Limited and also Chair of three privately owned businesses – Smart Environmental Group Ltd, Les Mills International Ltd and Designer Wardrobe Ltd. 

Mary Padbury

Mary Padbury

Independent Non-Executive Director

Mary is an intellectual property and trade practices lawyer with over 35 years’ international legal, governance and technology experience. Mary served as the Chairman of Ashurst Australia before its full merger with Ashurst LLP, and was the global Vice Chairman of the post-merger firm. She retired as a Partner of Ashurst at the end of April 2018.

Mary is the Chairman of the Macfarlane Burnet Institute for Medical Research and Public Health Ltd, and a member of Chief Executive Women.

Mary is also on the board of the Brandenburg Ensemble Limited which trades as the Australian Brandenburg Orchestra; and the Richmond Football Club and its wholly owned subsidiary, Aligned Leisure Pty Ltd.

Rob Whitfield

Rob Whitfield

Independent Non-Executive Director

Rob has extensive leadership experience across banking, finance and risk in both the private and public sectors. During Rob’s 30-year executive career with Westpac Banking Corporation he held a number of senior leadership positions including Chief Executive Officer of the Institutional Bank, Chief Risk Officer, Group Treasurer and Chair of the Asia Advisory Board. In these roles, Rob developed a deep knowledge of equity and capital markets and was instrumental in developing Westpac’s risk management function and strategies.

Rob is a Director of Transurban Limited and a member of the Council of the Australian National University. He was a former Chair and Director of New South Wales Treasury Corporation, former Secretary of NSW Treasury, former Secretary of NSW Industrial relations, and a former Deputy Chair of the Australian Financial Markets Association.

Rob was a former Non-Executive Director of GPT Group.

Kate Howitt

Kate Howitt

Independent Non-Executive Director

Kate has a deep understanding of strategy, capital allocation, stakeholder management and sustainability. She is currently a member of the finance & strategy committee and investments sub-committee of the University of New South Wales, the investment committee of the Australian Indigenous Education Foundation and the investment committee of River Capital, a multi-asset boutique fund manager. She is also a director of The Hunger Project Australia. During her executive career, Kate held senior roles with Fidelity International, AMP Capital, AMP Limited and The Boston Consulting Group.

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