May 19, 2020

Who is new Commonwealth Bank CEO Matt Comyn?

Commonwealth Bank
Australian finance industry
Addie Thomes
2 min
Who is new Commonwealth Bank CEO Matt Comyn?

Commonwealth Bank (CBA) will have a new CEO in place from 9 April following the resignation of Ian Narev, who announced he was stepping down in August.

The new man in the hotseat is Matt Comyn, whose immediate tasks will include dealing with any fallout from CBA’s ongoing legal case surrounding breaches of anti-money laundering legislation.  

Comyn, 42, in the words of CBA Chairman Catherine Livingstone “needs to transform the business and adapt the organisational capability and culture to suit the rapidly evolving competitive and technology-centric environment”.

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This represents a promotion for Comyn, who is currently the bank’s retail division boss having previously been the head of CBA's online stockbroking arm, CommSec.

Commenting on his appointment, he said: “The last six months in particular have been very challenging and I am committed to working with the Board, the executive team and our wonderful people to rebuild trust in the Commonwealth Bank together.

“It is important that we maintain the momentum underway, upgrading and strengthening our governance, accountability and risk management, while delivering strong financial performance.  We are in a period of significant technology and competitive change, and I look forward to ensuring we remain at the forefront of technology, innovation and a great customer experience.”

It is believed that Comyn will be paid a $2.2mn fixed salary with an opportunity to double this in the short term depending on performance. This is less than outgoing Narev, who earned $12.3mn in 2016 alone.

Comyn, who served a brief stint as CEO of Morhan Stanley Smith Barney in 2010, first joined CBA in 2005, this having achieved a Master of Commerce, Finance from the University of New South Wales. He also studied a General Management Program from Harvard Business School in 2007 and obtained a Global Executive MBA from Sydney University in 2013.

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Jun 22, 2021

Digital Leader Mobiquity Expands Into Asia-Pacific

Mobiquity
Microsoft
Fintech
APAC
3 min
Mobiquity pursues a vision of global growth with its first APAC hire—Gustavo Quiroga, its new Vice President of Business Development Financial Services

As an international digital consulting firm, Mobiquity helps a global client base upgrade its digital banking and financial services. The company employs 1,200 team members across 50+ nationalities and serves an estimated 200+ million users each day. Recently, the company built out a digital banking experience for the Bank of the Philippines Islands’ online and mobile platforms—exemplifying its mission to help leading brands engage with technology in meaningful ways. 

 

To highlight Mobiquity’s services, here are a few of the company’s recent accomplishments

 

  • Designed and developed the first FDA-approved digital medicine system
  • Launched a five-star mobile ordering app
  • Pioneered a cloud-based IT infrastructure that prevented bank fraud
  • Built the official AWS re:Invent 2017 and 2018 mobile apps 

 

What Makes Mobiquity Stand Out? 

According to Mobiquity, it's the people that make all the difference. ‘We’re born innovators who like meaty challenges’, the company wrote. ‘We go deeper, getting to the root of your customers’ friction and creating personalised engagements that deliver much more than a digital experience alone’. Now, the company has added former Microsoft and IBM director Gustavo Quiroga to its team. 

 

Who Is Gustavo Quiroga? 

At Mobiquity, he’ll be the first Vice President of Business Development Financial Services in APAC. With years of experience in the industry, Quiroga has developed numerous tech, business, and customer experience projects: at Microsoft, he led a top Aussie Azure Data and AI specialist team, and at IBM, he applied AI and deep analytics to transform the company’s business processes, CX, and UX. 

 

Based in Sydney, Australia, Quiroga will start to work with Mobiquity clients in Singapore, Vietnam, and the Philippines and take responsibility for expanding the company’s regional operations. ‘Our best way to impact client outcomes’, he wrote, ‘is by listening to them with an inquisitive and open mind and empowering our people to do the same’. 

 

When notified of the announcement, Quiroga expressed excitement over his new role. ‘I’m delighted to join Mobiquity and support the company’s rapid expansion across the Asia-Pacific region. I joined Mobiquity to develop, design and implement digital products and services that create meaningful experiences with customers...and I look forward to using my expertise to develop partnerships where we can achieve this every day’. 

 

Where Does Mobiquity Go From Here? 

In the past six months, Mobiquity has hired over 100 new employees, including the high-profile additions of Howard Moore, Senior Director of Banking, and Ruby Walia, Senior Advisor for Digital Banking. This falls in line with the company’s hyper-growth strategy to deliver digital products to the world. 

 

As Matthew Williamson, Mobiquity’s Vice President of Global Financial Services, explained: ‘Our appointment of Gustavo demonstrates [our] commitment to hiring an A-list team of talent. The latest addition to the Mobiquity team supports our vision of global growth in Asia-Pacific, as a recognised partner within the banking and finance ecosystem’.


 

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