BNET Industries

Last Fiscal Year Sales:$1.3B
- Public
- AU
Dow Jones Description
International Banking
Chief Executive Officer & Managing Director
Ralph J. NorrisNumber of Employees 38,000
Peer Companies
NAICS Code International Trade Financing: 522293
Recent Events
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France's AXA, AMP poised to sweeten bid for AXA Asia
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Commonwealth Bank Of Australia: Headwinds Continue Into New Fiscal Year
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Commonwealth Bank of Australia Announces 5-Year Deal With IdenTrust
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Commonwealth Bank Australia Names Ravi Kushan India CEO
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3rd UPDATE: ANZ To Buy ING JV In Australia, New Zealand For EUR1.1 Billion
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RECEIVER TO SELL MARINER LEISURE'S TOURIST PARK NEAR BRISBANE
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CEO OF AUSTRALIA'S COMMONWEALTH BANK SEES PAY RISE TO US$7.9 MLN
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COMMONWEALTH BANK OF AUSTRALIA LAUNCHES NON-GUARANTEED 4-YR BONDS
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Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
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Commonwealth Bank Chairman Schubert To Retire, Turner To Succeed
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UPDATE: CBA Chairman Schubert To Retire, Turner To Succeed
News & Analysis
Filter by
commonwealth bank of australia and digital equipment corp. - All News and Analysis
Year ahead may not be so bad.
Dec 29, 2002 (The Sunday Age - ABIX via COMTEX) A US sharemarket surge should set the stage for a double-digit Australian sharemarket gain in 2003, according to analysts. History shows that the US sharemarket rallies in the third year of a presidential term...
Goodman chief for the chop - again.
Dec 19, 2002 (The Sydney Morning Herald - ABIX via COMTEX) The future of Goodman Fielder's CEO, Tom Park, is in doubt if Burns Philp succeeds in taking over the Australian food group. In its formal $A2.2bn takeover documents, Burns Philp said there would be...
CEO set to make a packet.
Dec 19, 2002 (The Age - ABIX via COMTEX) The future of Goodman Fielder's CEO, Tom Park, is in doubt if Burns Philp succeeds in taking over the Australian food group. In its formal $A2.2bn takeover documents, Burns Philp said there would be no ...
Shops and offices for historic CBA.
Dec 17, 2002 (The West Australian - ABIX via COMTEX) A group of three Western Australian WA businessmen have bought the Commonwealth Bank building in Forrest Place, Perth. The three formed a single-purpose company, City High, to make the $A8m acquisition, and say the...
Not so merry season for investors.
Dec 15, 2002 (The Australian Financial Review - ABIX via COMTEX) Australian share traders are gearing up for their last full week of trading before the 2002 Christmas holiday season begins. However, analysts say it is looking less and less likely that the market will...
ANZ joins forestry fray.
Dec 15, 2002 (The Mercury - ABIX via COMTEX) The ANZ Banking Group held its annual meeting on 13 December 2002. The bank's chairman, Charles Goode, discussed the company's attitude to environmental issues. This followed questioning about ANZ's exposure to forestry and logging group,...
City icons set to get new owners.
Dec 15, 2002 (The West Australian - ABIX via COMTEX) Perth's heritage-listed Commonwealth Bank and 235-metre Central Park office tower are changing hands. A spokesman for the Western Australian WA Government Employees' Superannuation Board, which owns Central Park, says the building, valued at $A300m,...
The China connection.
Dec 09, 2002 (Gold Gazette - ABIX via COMTEX) A new gold mining hopeful, Sino Gold, intends to list on the Australian Stock Exchange in November 2002. Sino Gold has gold mining assets in China, which it hopes will produce 400,000 ounces by 2007. ...
Finding cash for that spree.
Dec 08, 2002 (The Sunday Telegraph - ABIX via COMTEX) Australians are spending more and racking up more debt. Retail sales in December 2002 are forecast to rise four per cent from December 2001. Australians' credit card debt was $A21 billion in September 2002,...
Small begins to look beautiful.
Dec 08, 2002 (The Sunday Telegraph - ABIX via COMTEX) There are indications in the Australian market that size may be a hindrance for equity funds. The former manager of Perpetual's Industrial Share Fund, Peter Morgan, has started a boutique fund called 452 Capital....
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Ralph J. Norris | Chief Executive Officer & Managing Director |
| Michael Harte | Group Executive, Enterprise IT & Chief Information Officer |
| Barbara Chapman | Group Executive, Human Resources and Group Services |
| David Craig | Group Executive, Financial and Risk Management |
| Gary Mackrell | Group Executive, International Financial Services |
| Grahame Petersen | Group Executive, Wealth Management |
| John O'Sullivan | General Counsel |
| Stuart Grimshaw | Group Executive, Premium Business Services |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John M. Schubert | Chairman |
| Colin R. Galbraith | Board of Directors |
| David J. Turner | Board of Directors |
| Fergus D. Ryan | Board of Directors |
| Harrison Young | Board of Directors |
| Jane Hemstritch | Board of Directors |
| John Anderson | Board of Directors |
| Reg J. Clairs | Board of Directors |
| S. Carolyn Kay | Board of Directors |
Mr. Norris joined the Commonwealth Bank as Managing Director and Chief Executive Officer on 23 September 2005. He started his working career with Mobil Oil New Zealand in 1967, before joining the Auckland Savings Bank (ASB) in 1969, which subsequently became a subsidiary of the Commonwealth Bank of Australia. He was appointed Managing Director and Chief Executive Officer of ASB Bank in 1991, retiring from that position in September 2001. He joined Air New Zealand Limited as Managing Director and Chief Executive Officer in February 2002, having served on the company’s Board of Directors for three years. Mr Norris left Air New Zealand to take up his appointment as CEO at the Commonwealth Bank. During his tenure as Chief Executive Officer of ASB, it expanded nationally, grew its profitability six-fold and increased market share by 60 per cent whilst being consistently rated the best financial services provider in New Zealand. Mr Norris was credited with leading a turnaround at Air New Zealand by returning the company to profitability and introducing a more customer-focussed culture, for which he was honoured with New Zealand’s Executive of the Year Award in 2004. He was previously New Zealand’s Executive of the Year in his role at ASB Bank. Mr Norris was awarded a Distinguished Companion of the New Zealand Order of Merit for services to business in 2006. He is a Fellow of the New Zealand Institute of Management and the New Zealand Computer Society. He is Chair of the Commonwealth Bank Foundation and a member of the NSW Premier’s Business Roundtable. He is former Chairman of the New Zealand Bankers’ Association and Business Roundtable. He was a member of the New Zealand Prime Minister’s Enterprise Council and Y2K Taskforce. Mr Norris was born in Auckland and educated at Lynfield College and is married with three adult children and three grandchildren.
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Chief Executive Officer & Managing Director | Current |
| The New Zealand Institute | Fellow, Institute of Management | Current |
| Commonwealth Bank of Australia | Board of Directors | Current |
| Asb, LLC | Chief Executive Officer | Former |
| Air New Zealand, Ltd. | Managing Director & Chief Executive Officer | Former |
| Air New Zealand, Ltd. | Board of Directors | Former |
| Fletcher Building Limited | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Enterprise IT & Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Human Resources and Group Services | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Financial and Risk Management | Current |
| Commonwealth Bank of Australia | CFO | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, International Financial Services | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Wealth Management | Current |
| Commonwealth Bank of Australia | Group Executive, Strategic Development | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | General Counsel | Current |
| Commonwealth Bank of Australia | Group Executive, Legal Services | Current |
| Corporation Bank | Former | |
| Colonial Group Inc. | Former | |
| Colortone Audio-Visual Staging | Former | |
| St. George Bank Limited | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Premium Business Services | Current |
| National Australia Bank Limited | Chief Executive Officer | Former |
| Commonwealth Bank of Australia | Group Executive, Wealth Management | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Chairman | Current |
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
Executive News
-
Commonwealth Bank Eyes Asia Acquisitions - CEO
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Commonwealth Bank CEO: Bank Business Growth May Slow Next 12 Months
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Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
-
Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
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COMMONWEALTH BANK OF AUSTRALIA TO TWEAK RATES AS NECESSARY: CEO
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Commonwealth Bank of Australia's profit drops
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Commonwealth Bank CFO: Mid-Sized Business Feeling The Pinch
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UPDATE 1-CBA profit beats fcasts but cautious on bad debts
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Commonwealth Bank of Australia posts lower profit
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PRESS DIGEST-Australian General News - Aug 12
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on Nov 10, 2009about MBI
Glass Door
Commonwealth Bank of Australia
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