Bankwest managing director Jon Sutton is returning to a senior executive role at Commonwealth Bank of Australia, with CBA executive general manager of retail and business banking Rob De Luca set to relocate and take the top job at Bankwest.
CBA chief executive Ian Narev said Mr Sutton had been instrumental in the integration of Bankwest into the Commonwealth Bank Group.
“Jon took over Bankwest at a very challenging time in its history and has been very successful in leading Bankwest through these difficult times, maintaining and enhancing a competent and skilled workforce that is performing strongly in all dimensions,” Mr Narev said.
Mr De Luca will commence as managing director designate from February 6 and will take over as managing director in late March.
Mr Narev said Mr De Luca was a “high calbre” senior executive with a strong track record.
“The experience he brings to Bankwest will build upon the outstanding job that Jon Sutton has done since our acquisition,” he said.