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flag Commonwealth Bank CEO Matt Comyn will extend his leadership for three more years, potentially serving a full decade.

flag Commonwealth Bank CEO Matt Comyn is set to extend his leadership for another three years, potentially serving a full decade, following chair Paul O’Malley’s announcement at the bank’s October 15, 2025, annual meeting. flag O’Malley confirmed he will seek re-election for a final three-year term, with the board’s plan for his successor to appoint Comyn’s replacement. flag Comyn, who has led CBA since 2018 through a recovery from major scandals, has overseen a 20% share price increase and strong financial results. flag The Australian Shareholders’ Association acknowledged his performance and stressed the importance of succession planning, noting Comyn remains under 50 with no retirement plans.

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