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 insurance australia group ltd. - All News and Analysis
Young executives: Their winning ways.
- 2006-08-10
Byline: Mike Hanley and Brad Hatch Aug 10, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The "AFR Boss" magazine and human resources group DDI have selected their 2006 list of the best young executives in Australia. They are the Commonwealth...
Plop go the pop stocks.
- 2006-01-31
Byline: Barbara Drury Jan 31, 2006 (The Age - ABIX via COMTEX) -- Commonwealth Securities compiles a "Mums and Dads Index" which Craig James describes as largely "defensive". The...
Greenhouse gases can deflate profits.
- 2005-12-11
Byline: Stewart Oldfield Dec 11, 2005 (The Australian Financial Review - ABIX via COMTEX) -- Leading businesspeople in Australia have called for action on global warming. They argue that...
CBA may rev up motor cover.
- 2005-10-09
Byline: Stewart Oldfield Oct 09, 2005 (The Australian Financial Review - ABIX via COMTEX) -- The Commonwealth Bank of Australia CBA may push into the car insurance market. The ...
Scavenger claims another scalp at court door, for $967.(Brief Article)
- 2005-02-10
Feb 10, 2005 (The Age - ABIX via COMTEX) Sydney widow, Joan Stobo, has conceded defeat to sharemarket scavenger, David Tweed. Stobo claimed Tweed swindled her into selling her 691 shares in Insurance Australia Group to Tweed's National Exchange at an undervalued price. Stobo...
Promina reports strong half`.
- 2003-08-28
Aug 28, 2003 (The Australian Financial Review - ABIX via COMTEX) Insurance group Promina reported a net profit of $A135 million in the first half of 2003. The result was driven by strong performances by its once-troubled intermediated business as well as its AAMI and...
Infusion of the new and old at Colonial.
- 2003-04-08
Apr 07, 2003 (The Sydney Morning Herald - ABIX via COMTEX) Following an exodus of senior staff at Colonial First State, the void was finally filled on 7 April 2003. The Australian fund manager's new CEO, John Pearce, revealed that David Dixon, the chief...
Shake-up at the top continues at funds managers.
- 2003-04-08
Apr 07, 2003 (The Australian Financial Review - ABIX via COMTEX) There have been more personnel changes in the funds management industry in Australia. In April 2003, there were personnel changes at Insurance Australia Group IAG and Advance Funds Management. David Dixon, from IAG,...
Take every deal on its merits.
- 2003-03-17
Mar 16, 2003 (The Australian Financial Review - ABIX via COMTEX) Growth through acquisition is becoming a common strategy in Australia, as growth through other means becomes difficult. However, this is also a time when stock exchanges will judge failed or even troubled mergers...
Local stocks lag Wall St's gains.
- 2002-11-23
Nov 22, 2002 (The Australian Financial Review - ABIX via COMTEX) The Australian sharemarket gained ground for the third consecutive day on 22 November 2002. The S&P/ASX 200 Index rose 13.9 points to close at 3,035.8, up more than one per cent for the week....
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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
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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
Industry Transcripts by Seeking Alpha
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Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
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American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
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MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Commonwealth Bank of Australia
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