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CBA's Ian Narev to step down as succession planning responds to public pressure

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Ian Narev always took the view that if anyone had to be thrown under the bus at the Commonwealth Bank to take accountability for the AUSTRAC money laundering failings it would be him.

That's exactly what happened on Monday when the bank's chairman Catherine Livingstone announced he would be leaving the bank before June next year.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
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    Original URL: https://www.afr.com/brand/chanticleer/cbas-ian-narev-to-step-down-as-succession-planning-responds-to-public-pressure-20170814-gxvj4m