CBA apoints Deutsche Bank tech head Boillat as CIO
25 June 2018 | 4236 views | 0
CBA's recently installed chief executive Matt Comyn is putting his own stamp on the bank with the appointment of six fresh faces on the executive team, including a new global CIO.
Taking up the reigns in April, Comyn's first act was to shed three senior members of CBA's management team, including CIO David Whiteing, as the bank sought to rebuild its reputation following a series of scandals, including allegations of money laundering.
The new CIO, Pascal Boillat joins from Deutsche Bank, and will take up offices on 1 October. A former head off operations and technology ar Fannie Mae, Boillat joined Deutsche Bank in February 2016 as chief information officer and head of operations, corporate and investment banking before being appointed to group CIO in March 2017. Based in London, he oversaw the technology strategy and delivery of IT across 54 countries for the troubled German-based bank.
Comyn says Boillat will be responsible for delivering CBA’s future technology and operations strategy, "including data management, enabling innovation, strengthening risk controls and simplifying our business".
Joining Boillat is Nigel Williams, who has been appointed chief risk officer, assuming the now vacant role after David Cohen was promoted to deputy CEO.
Sian Lewis has been appointed group executive human resources, Andrew Hinchliff has been made group executive institutional banking and markets, while Angus Sullivan will start his tenure with CBA next week as group executive retail banking services.
Comyn says the new appointments bring a strong mix of deep experience in banking, risk management, digital transformation and cultural change leadership.
“This team will be critical to continuing the changes and improvements we need to make to earn the trust of our customers and the community and build a better bank for the future,” he says.