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Chair of the Commonwealth Bank of Australia (CBA), Paul O’Malley, today announced the appointment of Jane McAloon AM to CBA’s Board as an Independent Non-Executive Director with effect from 1 October 2025, subject to regulatory requirements.

Jane is Chair of BlueScope Steel Limited and a Non-Executive Director of Allianz Australia Limited. Jane also serves as Chair of EnergyAustralia Holdings Limited and is an Independent Member of the Allens Advisory Board and a member of the Monash University Council. She has indicated her intention to review her portfolio of commitments following her appointment to the CBA Board.

Jane brings to the Board over 30 years of business and governance experience. Jane held executive positions with BHP Group Limited where she spent nine years, including two years on the Group Management Committee as President, Governance and Group Company Secretary. Prior to this, Jane was Group Manager, Corporate & External Services and Company Secretary at AGL Energy Limited and held executive leadership roles within the NSW Government.

Paul O’Malley said: “On behalf of the Board, I am delighted to announce Jane’s appointment and to welcome her breadth of experience in her role as a Non-Executive Director of CBA.”

CBA also wishes to advise that Mary Padbury, Independent Non-Executive Director of the CBA Board, has decided not to offer herself for re-election at the 2025 Annual General Meeting (AGM). Mary will retire from the Board at the conclusion of the 2025 AGM. Mary joined the Board in June 2016 and has been a member of the Nominations Committee and People & Remuneration Committee.

Paul O’Malley said: “On behalf of the Board, I wish to thank Mary for her considerable contribution to CBA as an Independent Non-Executive Director. Mary’s extensive governance and regulatory experience, and knowledge of people and culture matters, have been invaluable to CBA. On behalf of CBA, I thank Mary for her contribution to CBA.”

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