Rats deserting sinking CBA ship

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Via Domainfax:

Commonwealth Bank chief financial officer Rob Jesudason has resigned, leaving new chief executive Matt Comyn with a sixth senior management role to fill as he works to rebuild the bank’s reputation amid a series of scandals.

Alan Docherty has been appointed acting CFO while the bank undertakes an internal and external search for a replacement.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.