Current CEO of Commonwealth Bank Australia

Official details on Commonwealth Bank leadership

Olesya Krasavtseva
Fact-checked by Olesya Krasavtseva
Content Editor at Prostobank Consulting Prostobank Consulting Logo
Updated: 01.09.2026
Table of Contents

Current Leadership at Commonwealth Bank

The Chief Executive Officer (CEO) of the Commonwealth Bank of Australia (CBA) is Matt Comyn. He has held the position since April 2018. As the Managing Director and CEO, he is responsible for the overall strategic direction of the bank, overseeing its retail, institutional, and wealth management operations.

Verifying corporate leadership is a common task for investors, customers, and researchers who want to ensure they are reviewing up-to-date company information. Official announcements and leadership changes are primarily published through the bank's dedicated newsroom and investor relations pages to maintain transparency.

Key Leadership Information

Category Details
CEO Name Matt Comyn
Appointed April 2018
Tenure Since 2018
Verification Source Official CommBank "About Us" page

Frequently Asked Questions

Why is it important to verify the CEO from the bank's own website?

Search engines often index older articles or blog posts that may list former executives. If you rely on a headline from several years ago, you might be acting on outdated strategic assumptions about the bank's direction. The bank's official website is the primary source of truth, updated immediately following any leadership changes. Always check the date on the leadership profile page to ensure it is current.

Does the CEO change frequently at Commonwealth Bank?

Executive leadership at major Australian banks tends to be stable, with CEOs often serving long tenures to provide consistent strategic direction. Leadership changes are major corporate events that require significant regulatory disclosure and public announcement. If you hear rumors about a change, you can verify the status by checking the ASX (Australian Securities Exchange) announcements or the CBA newsroom, which will contain any official board decisions regarding executive appointments.

Official Bank Information

Commonwealth Bank (CBA)

Support: 13 22 21

SWIFT Code: CTBAAU2S

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Personal credit cards

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Credit limit range: 400 dol to 1500 dol No physical card provided (digital only) Monthly minimum repayments: 40 dol or less Access to CommBank Yello Cashback Offers No additional cardholders allowed Does not earn Awards points

Personal debit cards

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Applicant must be at least 18 years old Must have an Australian residential address Must hold an existing linked standard Debit Mastercard to upgrade Must be linked to an eligible CommBank transaction account Includes complimentary international travel insurance for trips up to 21 days (requires activation) Includes two complimentary airport lounge passes worldwide via Mastercard Travel Pass Features Price Guarantee, Purchase Security, and Extended Warranty insurances

Personal savings accounts

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Must be 14 years or older to apply Requires a linked eligible CommBank transaction account Introductory bonus rate of 4,95% p.a. applies for the first 5 months

Personal transaction accounts

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Must be 14 years or older Requires identity verification at a branch within 20 days if applying from overseas Includes physical and digital Debit Mastercard Eligible for CommBank Yello rewards with 5+ transactions monthly Access to digital tools like Bill Sense and Spend Tracker

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Personal Car loans

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No vehicle security or collateral is required Offers complete flexibility to make unlimited extra repayments without any fee Includes a redraw facility to access available funds if needed

Personal Home Loans

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Discount margins vary based on Loan to Value Ratio (LVR) tiers up to 95% Freedom to split the loan and utilize multiple Everyday Offset accounts Interest Only payments available for up to 5 years (Owner Occupied) or 15 years (Investment) Minimum topup amount is 10000 AUD Variable rate is not protected from interest rate increases

Personal loans

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No security or collateral required Includes a redraw facility to access extra funds paid into the loan Discounted rates available for eligible energyefficient purchases Repayments may fluctuate if the interest rate changes Repayment frequencies available: weekly, fortnightly, or monthly

Business Solutions

Business accounts

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Must have an Australian Business Number (ABN) or Australian Company Number (ACN)Applicant must be at least 18 years oldRequires an existing eligible Commonwealth Bank AUD accountAccount must be used strictly for business purposesInterest is paid monthly on selected currencies based on balance tiersOnline application available for sole traders, Pty Ltd companies, SMSFs, and partnerships

Business car loans

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Must have a current ABN and a minimum of 12 months trading history The financed vehicle or equipment serves as the loan security Optional balloon payments available to reduce ongoing monthly commitments Repayments can be customized to align with seasonal business cashflows Discount of up to 1,00% p.a. available for eligible green and efficient vehicles

Business credit cards

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Up to 55 days interestfree period on purchases Minimum unsecured credit limit of 500 AUD, maximum up to 50000 AUD Includes Transit Accident Insurance and Unauthorised Transaction Insurance Access to personalized CommBank Yello Cashback Offers Features 24/7 emergency overseas assistance

Business loans

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Must have a current ABN and a minimum of 12 months trading history The financed vehicle or equipment serves as the loan security Optional balloon payments available to reduce ongoing monthly commitments Repayments can be customized to align with seasonal business cashflows

Business savings

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Allows early withdrawal of up to 20% of the balance without penalty fees or interest adjustmentsRequires a CommBank business transaction account in the same business nameMust have an Australian Business Number (ABN)

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