Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 

Commonwealth Bank Group Announces Appointment

Commonwealth Bank Group Announces New Head Of International Financial Services

The Commonwealth Bank Group today announced that Mr Ralph Norris, currently Managing Director and Chief Executive Officer of the Group’s New Zealand subsidiary, ASB Bank, has been appointed to head up the Group’s International Financial Services division, including New Zealand. Mr Norris will report to the Chief Executive Officer, Mr David Murray.

The announcement follows the decision of Mr Rob Garnsworthy, currently head of International Financial Services, to leave the Group to take up the position as Chief Executive Officer of Norwich Australia. Mr Murray thanked Mr Garnsworthy for his assistance in the early transitional management to bring Colonial’s international operation into the merged Group.

Mr Norris will be both Head of International Financial Services and Managing Director and Chief Executive Officer of ASB Group, New Zealand. He brings excellent credentials to his new role having achieved 10 years of above market growth since he became CEO of ASB, reflecting an outstanding track record of financial performance, efficiency, technology and customer services. In addition, Mr Norris has successfully integrated the Sovereign Life business with ASB and, since assuming the role of CEO, has materially diversified the product range of ASB in the financial services sector.

Mr Murray said that he looked forward to Mr Norris’ even closer association with the top management team and the opportunity to grow the Group’s international operations.

Mr Norris is expected to take up his new role within the next three months.

Details of Mr Norris’ background and ASB Group are attached.


About Commonwealth Bank. The Commonwealth Bank Group is a diverse financial services company with businesses in banking, funds management and insurance. It has a presence in sixteen international markets and is listed on the Australian Stock Exchange, with a current market capitalisation of around $A34 Billion.

Ends

© Scoop Media

 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

2021: NZ To Host Women’s Rugby World Cup

New Zealand’s successful bid to host the 2021 Women’s Rugby World Cup will raise the profile of the game locally and provide a valuable economic boost for the game, Minister for Sport and Recreation Grant Robertson says. More>>

ALSO:

Max Rashbrooke Review: Mahler 7 - NZSO

Gustav Mahler’s Seventh Symphony may be one of the least well-known of its ilk, but Edo de Waart and the New Zealand Symphony Orchestra made a compelling case for a reassessment. They showed us a work of immense variety, surprising contrast and delicate shades of light and dark. More>>

Howard Davis Review: Strange Overtones - David Byrne's American Utopia Tour

Scotch-born singer-songwriter David Byrne starts each show on his latest world tour stroking a pink brain as he sits alone at a table in a gray three-button Kenzo suit singing a song called Here from his latest album American Utopia. More>>

Governor-General's Speech: Armistice Day 100 Years On

The response was more muted amongst our soldiers at the Front. Many received the news quietly... There was no cheering. The chaps didn’t get excited. It was just a matter of relief. We didn’t celebrate at all. More>>

ALSO:

Auckland Fringe Programme: A Celebration Of The Bizarre And Beautiful

Building on a huge 2018 programme that saw 492 creatives take 81 events for ventures around the city for a total of 347 performances, Auckland Fringe returns this summer, running February 19 – March 3, 2019. More>>

 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION
 
 
  • Wellington
  • Christchurch
  • Auckland