Commonwealth Bank of Australia (CBA) today announced that Anne Templeman-Jones, Independent Non-Executive Director of the CBA Board, has decided not to offer herself for re-election at the 2024 Annual General Meeting (AGM).

She will retire from the Board at the conclusion of the 2024 AGM.

Ms Templeman-Jones joined the CBA Board in March 2018 after serving as the Chair of a number of CBA’s key operating subsidiaries. During her tenure on the CBA Board, she has been the Chair of the Board Audit Committee and a Member of the Board Risk & Compliance Committee.

CBA Chair Paul O’Malley said:

“On behalf of the Board, I would like to thank Anne for her contribution to the CBA Group as an Independent Non-Executive Director. Anne’s banking and financial services, operational risk, strategy and audit experience have been invaluable to CBA, particularly in relation to her role as Board Audit Committee Chair. On behalf of CBA, I thank Anne for her contribution to CBA.”

In light of Anne Templeman-Jones’s departure, Peter Harmer will commence as the Chair of the Board Audit Committee at the conclusion of the AGM on 16 October 2024.