TCorp Director joins CBA board

The Commonwealth Bank of Australia (CBA) has announced the appointment of Robert Whitfield as an independent director on its board, effective immediately.

Whitfield has experience in banking and finance in senior management roles across the private and public sectors. He is currently a director of New South Wales Treasury Corporation (TCorp) and, until recently, was secretary of NSW Treasury and of NSW Industrial Relations.

Prior to joining TCorp, Whitfield had a 30 year career with Westpac Banking Corporation, holding various senior positions, including as chief executive officer of the Institutional Bank, chief risk officer, group treasurer and chair of the Asia advisory board.

Commenting on his appointment, CBA chair, Catherine Livingstone, said: "I am delighted to welcome Rob as a Director of the Board. Rob's broad risk management and public sector experience, as well as his extensive banking experience, will deepen the Board's existing skills and expertise."

CBA has also announced the upcoming departures of independent directors Launa Inman and Harrison Young who will leave the board at the conclusion of the Annual General Meeting on 16 November 2017.