Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 85 results for "Ian Narev"

CBA chair defends executive bonuses

KARREN VERGARA  |  MONDAY, 23 OCT 2017
... established a sub-committee to review and oversee the group's response. Shortly after, CBA stripped chief executive Ian Narev and other group executives' short-term bonuses and imposed a 20% reduction in directors' fees in light of heightened public ...

ABA announces new chair

JAMIE WILLIAMSON  |  TUESDAY, 17 OCT 2017
... rotates between the major banks' chief executives. While the Commonwealth Bank was next in line, the announcement that Ian Narev would depart in 2018 brought forward ANZ's rotation. "For the sake of continuity it was decided to bring forward Elliott's ...

CBA mulls CFSGAM IPO, head of wealth departs

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
... represent wealth management at the group executive committee following Spring's departure. Outgoing chief executive Ian Narev said Spring has led and managed the diverse wealth management teams through challenging and changing times for the industry ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... insurance, meaning the CommInsure brand will be retained by CBA. Commenting on the transaction, CBA chief executive Ian Narev said: "Providing our customers with access to high quality products and services for all their financial needs is core to our ...

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
... documents. The terms of reference aren't yet clear; they should be framed to examine the actions of CBA chief executive Ian Narev, his executive team and the board, she added. Angrisano called on APRA to ensure the terms of reference are not framed in ...

ASIC and CBA discussing potential advice problem

EMMA RAPAPORT  |  TUESDAY, 15 AUG 2017
... million for mis-sold consumer credit insurance to more than 65,000 customers, and chair Catherine Livingstone announced Ian Narev would retire from the top job by the end of June 2018, CBA released a list of several remediation programs affecting thousands ...

CBA chief executive will stand down

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
Embattled Commonwealth Bank chief executive Ian Narev will retire from the bank by the end of the 2018 financial year, board chair Catherine Livingstone has announced. The decision, said to have been made by the board in conjunction with Narev, will ...

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
... business and private banking ($1.6 billion) and institutional banking and markets ($1.3 billion). CBA chief executive Ian Narev commented: "We will continue to strengthen our balance sheet to ensure that we can support our customers through a variety ...

CBA senior executives forego bonuses

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
Commonwealth Bank chief executive officer Ian Narev and fellow group executives have been stripped of short-term bonuses ahead of tomorrow's financial results. The decision, made by the CBA board in a meeting yesterday, was reached following consideration ...

Banks continue campaign to discredit SA bank tax

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2017
... opposition in South Australia vowed yesterday to oppose the tax, which was welcomed by Commonwealth Bank chief executive Ian Narev. "The decision by the SA Opposition to block the bank tax shows a willingness to listen to the community, and show leadership ...