CBA.AX - Commonwealth Bank of Australia

ASX - ASX Delayed price. Currency in AUD

Commonwealth Bank of Australia

Tower 1
Ground Floor 201 Sussex Street
Sydney, NSW 2000
Australia
61 2 9378 2000
http://www.commbank.com.au

SectorFinancial Services
IndustryBanks - Global
Full-time employees42,519

Key executives

NameTitlePayExercisedYear born
Mr. Matthew ComynCEO, MD & Exec. Director1.8MN/A1976
Mr. Alan DochertyChief Financial Officer796.47kN/AN/A
Mr. David Antony Keith CohenDeputy CEO, Interim Group Gen. Counsel & Group Exec. Corp. Affairs1.49MN/AN/A
Mr. Michael John VenterChief Operating Officer of Wealth Management1.61MN/AN/A
Ms. Vittoria Annabel June Shortt BMS, CAChief Exec. & MD of ASB Bank Ltd.906.24kN/AN/A
Amounts are as of 31 December 2018, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company offers retail, premium, business, and institutional banking; and funds management, superannuation, insurance, investment, and share-broking products and services. It operates through Retail Banking Services, Business and Private Banking, Institutional Banking and Markets, Wealth Management, New Zealand, Bankwest, and IFS and Other Divisions. The company provides transaction and savings accounts, term deposits, personal and business loans, credit cards, insurance products, international payment, and private banking services, as well as home loans. It also offers financial planning and share trading services, managed funds, investment growth bonds, property investments, and self-managed super funds; allocated pensions and guaranteed annuities; and merchant, international and foreign exchange, insurance and risk management services. In addition, the company provides debt raising, financial and commodities price risk management, and transactional banking services; asset management, platform administration, and financial advice services. It operates 1,267 branches; and 4,253 ATMs in Australia. Commonwealth Bank of Australia was founded in 1912 and is headquartered in Sydney, Australia.

Corporate governance

Commonwealth Bank of Australia’s ISS governance QualityScore as of 25 June 2019 is 3. The pillar scores are Audit: 9; Board: 1; Shareholder rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.