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Commonwealth Bank CEO Matt Comyn will extend his leadership for three more years, potentially serving a full decade.
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.
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.
Comyn, who has led CBA since 2018 through a recovery from major scandals, has overseen a 20% share price increase and strong financial results.
The Australian Shareholders’ Association acknowledged his performance and stressed the importance of succession planning, noting Comyn remains under 50 with no retirement plans.
El CEO del Banco de la Commonwealth Matt Comyn extenderá su liderazgo por tres años más, potencialmente sirviendo una década completa.