Mr Ian Narev, Managing Director & Chief Executive Officer, Commonwealth Bank addressed a private boardroom lunch for 50 senior business executives where he discussed “Australia and Israel: A perspective on technology in business”. This lunch was proudly hosted by Check Point and Optus.
Mr Narev commenced as Managing Director and Chief Executive Officer on 1 December 2011.
Ian joined the Group in May 2007. From then until January 2009, he was Group Head of Strategy, with responsibility for corporate strategy development, mergers and acquisitions and major cross-business strategic initiatives. He led the Group’s $2.1 billion acquisition of Bankwest in 2008, as well as the Group’s investment in Aussie Home Loans.
From January 2009 until September 2011, Ian was Group Executive, Business and Private Banking, one of the Group’s six operating divisions, with responsibility for small and medium enterprise business banking, agri banking, private banking and equities and margin lending.
Prior to joining CBA, Ian was a partner of McKinsey & Company, the global consulting firm. He worked in McKinsey’s New York, Sydney and Auckland offices from 1998-2007. He became a global partner in 2003, and from 2005 until his departure in 2007 was head of McKinsey’s New Zealand office. Prior to joining McKinsey, Ian was a lawyer specialising in mergers and acquisitions.
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