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Commonwealth Bank of Australia (CBA.AX)


ASX - ASX Delayed Price. Currency in AUD
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78.58-0.31 (-0.39%)
As of 11:12AM AEST. Market open.

Commonwealth Bank of Australia

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

SectorFinancial
IndustryMoney Center Banks
Full Time Employees45,271

Key Executives

NameTitlePayExercisedAge
Mr. Ian M. Narev B.A., LL.B (Hons) (Auck), LL.M (cantab), LL.M (NYUChief Exec. Officer, Managing Director and Exec. Director5.7MN/A50
Mr. David Paul CraigChief Financial Officer and Group Exec. of Financial Services3.14MN/A62
Mr. David WhiteingChief Information Officer and Group Exec. of Enterprise Services2.09MN/AN/A
Ms. Vittoria ShorttGroup Exec. of Marketing and Strategy2MN/AN/A
Ms. Melanie LaingGroup Exec. of HR1.84MN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is 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. It offers retail, premium, business, and institutional banking; and funds management, superannuation, insurance, investment, and share-broking products and services. The company provides retail banking services, including home loans, credit cards, personal loans, transaction accounts, and demand and term deposits through its Commonwealth Bank and Bankwest brands; and commercial products, such as business loans, equipment and trade finance, and rural and agribusiness products to corporations, government entities, and other institutions. It also manages investment portfolios, including active and indexed investment options, which consist of Australian and international shares, listed property, fixed interest, credit, infrastructure, private equity, and cash for a range of retail and wholesale clients. In addition, the company provides a range of life insurance, superannuation, retirement income, and general insurance products. It serves its customers through a network of approximately 1,100 branches; approximately 3,700 Australia Post agencies; and approximately 4,300 ATMs, as well as through telephone banking. The company was founded in 1911 and is headquartered in Sydney, Australia.

Corporate Governance

Commonwealth Bank of Australia’s ISS Governance QualityScore as of May 1, 2017 is 7. The pillar scores are Audit: 10; Board: 1; Shareholder Rights: 1; Compensation: 7.

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 a 10 indicates higher governance risk.