CBA’s Comyn the last to know

Commonwealth Bank of Australia appoints new CEO.

Australian analysts have described the appointment at the end of January of Matt Comyn as Commonwealth Bank of Australia’s new chief executive as a surprise, given that he is an insider and the board had expected to embrace change.

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Matt Comyn, CBA

If Comyn is to be believed, nobody was more surprised than him. In a press conference in Sydney on January 29, Comyn told reporters: “I only found out this morning.”

A subsequent question sought to clarify this.

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