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CBA ‘reshuffles’ institutional bank leadership team

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By Keith Ford
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3 minute read

The Commonwealth Bank (CBA) has made two appointments to its institutional banking and markets leadership team.

As part of what CBA called a “leadership team reshuffle”, the bank has added Deborah Leerhsen as executive general manager global client solutions and Sally Reid as executive general manager capital structuring.

CBA’s group executive intuitional banking and markets Andrew Hinchliff said: “We are investing to take our capabilities to the next level in key areas such as capital structuring and ESG.

“We recognise that in addition to the banking services they require to operate their businesses, many of our clients are focused on financing solutions that broaden their funding profile or looking for financial solutions that address specific business problems or market opportunities.

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“Deborah is an experienced global banker with extensive experience managing client relations — as well as coverage and product teams — across investment, corporate and transactional banking. As the head of global client solutions, Deborah will focus on working with our global coverage team to support our clients in achieving their ambitious business and sustainability agendas.”

Prior to joining CBA, Ms Leerhsen was deputy head of Asia and Oceania corporate banking at Mizuho Bank, and previously spent over 20 years at HSBC in a number of roles globally, including head of global banking based in Hong Kong.

“I’m excited to lead a franchise that supports some of Australia’s biggest brands and institutional names. Australian institutions have ambitious growth and sustainability agendas, which they are advancing domestically and overseas,” said Ms Leerhsen.

“In parallel, they need to navigate a range of structural challenges including shifting geopolitics, inflation, supply chain disruption, and the energy transition. We at CBA are committed to partnering with our clients as they pursue these goals.”

Mr Leerhsen takes over for Ms Reid, who moves to capital structuring after three years leading global client solutions.

“We know that our client’s value and appreciate when their bank looks to support them with bespoke solutions that looks at all forms of capital, domestic and international, to help them with their financial needs,” Ms Reid said.

“I look forward to continuing to work closely with our clients and support their ambitious growth and transition plans.”