New Commonwealth Bank head shuffles executive team

Six months into his new role, Ralph Norris rearranges his direct reports including letting go of Mike Katz.
The new chief executive of the Commonwealth Bank of Australia CBA, Ralph Norris, has announced changes to his leadership team just a week before releasing his strategic direction for the bank.

The only executive to go is Mike Katz, a 13-year CBA veteran and group executive of premium business services.

Stuart Grimshaw takes KatzÆs place, handing his wealth management role to Grahame Petersen who, in turn, hands his group strategic development role to Hugh Harley. HarleyÆs beat of retail banking services goes to Michael Cameron who is currently in charge of finance and risk management.

Gary Thursby becomes acting group executive for finance and risk management.

Other leadership positions remained unchanged Les Cupper in...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222