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Commonwealth Bank recognised with Private Bank of the Year award... again... for the third year running

14 June 2011: Commonwealth Private, for the third year running, has been recognised as the most outstanding institution in the $1 million - $10 million category at the Australian Private Banking Council’s, Private Bank Awards.

The award is the private banking industry’s peak award and is the result of 800 high net worth client interviews, conducted by researchers Retail Financial Intelligence.

The voting criteria was based on client service and satisfaction, the professionalism of the  relationship managers, investment expertise and access to innovative investment opportunities that meet the exact individual needs of the client.

Adrian Hondros, Executive General Manager at Commonwealth Private said: “I am extremely proud that for the third year running, Commonwealth Private has again been named most outstanding private bank.

“The level of client and industry recognition associated with this award is a testament to the investment we have made in our people, and our focus on providing the highest quality service, advice and opportunities to our clients.

“As a business we are committed to continue to provide outstanding personalised service to our clients, and exceed their expectations,” Mr Hondros said.

At the awards ceremony, Commonwealth Private’s, Luther Poier, was named Best New Wealth/ Investment Adviser, and Commonwealth Private Wealth Manager, Antony Pupovac, was runner up in the Outstanding Wealth/ Investment Advisor category.

“Today, high net worth clients want a private bank that not only provides a quality service, but also professional investment expertise and advice – and it is all of these attributes which the Commonwealth Private team prides itself on,” Mr Hondros concluded.

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For more information contact:

Nichole Willson
Media Adviser
Commonwealth Bank
P: 02 9117 7051
E: nichole.willson@cba.com.au