Australia’s Commonwealth Bank has appointed Richard Nunn as the new head of the Commonwealth Private Bank. He will report to Edward Tait, ex...

Australia’s Commonwealth Bank has appointed Richard Nunn as the new head of the Commonwealth Private Bank. He will report to Edward Tait, executive general manager Private Client Services. Mr Nunn joins the Commonwealth Private Bank from Colonial First State, where he was general manager of distribution, overseeing third party relationships, direct distribution, superannuation, and the management of the advice businesses. "Richard brings extensive wealth management experience and a focus on relationship advice that will help drive the growth of the private bank in Australia and our offshore presence in Asia," said Mr Tait.