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Group Executive Profiles

Ian Narev

Managing Director and Chief Executive Officer

Ian Narev has been the Managing Director and Chief Executive Officer of Commonwealth Bank of Australia, Australia's largest company by market capitalisation, since December 2011.

Ian joined CBA in 2007 as Group Head of Strategy. From 2009 until his appointment as CEO, he was Group Executive, Business and Private Banking, with responsibility for SME banking, private banking and the CommSec retail brokerage business. As CEO he has focused particularly on the application of new technologies to improve customer engagement and productivity, adaptation to new regulatory requirements, and the strengthening of a customer-centric and values-driven culture.

Before CBA, Ian was a partner of McKinsey & Company. He worked in McKinsey's New York, Sydney and Auckland offices from 1998 to 2007.

Ian holds BA and LLB degrees from the University of Auckland, an LLM degree in International Corporate Law from Cambridge University and an LLM degree in Public International Law from New York University.

Ian is a director of the Business Council of Australia and the International Monetary Conference. His involvement in the not-for-profit sector includes roles as Chairman of the Springboard Trust, which helps school principals in New Zealand, Chairman of the Sydney Theatre Company, and ambassador for the Australian Indigenous Education Foundation.

Ian lives in Sydney with his wife and three children.