People Moves
CFO Of Australia's Biggest Bank Exits

Jesudason had held the role for less than a year.
The chief financial officer of Commonwealth
Bank of Australia (CBA), Rob Jesudason, has resigned with
immediate effect, as a government-backed probe into the nation’s
banking sector continues to claim casualties.
CBA said in a statement it had named Alan Docherty, previously
chief financial officer for institutional banking and markets, as
Jesudason’s replacement, as he had “decided to pursue an external
role in Hong Kong”.
CBA, Australia’s biggest bank, is among some of the largest
institutions currently under the microscope of a Royal Commission
inquiry into the country’s scandal-ridden financial sector, which
has been found to have overcharged clients for advice they never
received.
CBA has admitted to losing data tapes containing client
information for around 20 million accounts in a security breach
two years ago, which it failed to disclose to account
holders.
The bank had previously announced in late March that three other
executives - Melanie Laing, group executive for human resources;
Kelly Bayer Rosmarin, group executive for institutional banking
and markets; and Dave Whiteing, group executive enterprise
services and chief information officer - would leave in the
coming months.