Commonwealth Bank chair Paul O'Malley thanks Genevieve Bell AO for her contribution following her decision to retire from the Board effective 31 October 2023, after the announcement today of her appointment as the Vice-Chancellor and President of The Australian National University effective 1 January 2024.

Chair of the Commonwealth Bank of Australia (CBA), Mr Paul O'Malley, today announced that Genevieve Bell AO has decided to retire from the Board effective 31 October 2023 following the announcement today of her appointment as the Vice-Chancellor and President of The Australian National University effective 1 January 2024.

Ms Bell was appointed to the CBA Board on 1 January 2019 and has been a member of the People & Remuneration Committee and the Nominations Committee.

Mr Paul O'Malley, said: 'On behalf of the Board, I would like to thank Genevieve for her significant contribution to CBA during her tenure. Genevieve's skills and experience were extremely valuable to the Board.'

'On behalf of the Board, I would also like to congratulate Genevieve and wish her well in her new role as Vice-Chancellor and President of The Australian National University'.

'We will continue to work on CBA Board Renewal to ensure succession arrangements are in place.'

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