Julie Galbo joins the Commonwealth Bank’s board of directors, effective from 1 September.
CBA highlighted Ms Galbo’s leadership in strategy and implementation as key to the appointment.
Ms Galbo has over 20 years of experience in the industry covering financial services, risk management and compliance, and change management.
“On behalf of the Board, I am delighted to announce Julie’s appointment, and to welcome her breadth of financial services expertise in her role as a Non-Executive Director of the Commonwealth Bank of Australia,” CBA chairman Catherine Livingstone AO said of the appointment.
Ms Galbo, alongside the board she has joined, will oversee CBA’s efforts to become a financial technology leader.
Her appointment follows the addition of James Wilson to the CBA team on 25 August.
Mr Wilson joined as a distinguished engineer, moving to the bank from CBA’s venture-scaler entity x15ventures.
The firm has stated Mr Wilson’s appointment would help catalyse the bank’s recruitment plan that was announced in June, wherein it would seek to bring on 600 engineers across a variety of disciplines in the coming months.
“I look for people who have a degree of confidence in their own ability, the communication skills to make themselves valuable in a team setting, enough self-awareness to know their strengths and weaknesses – and above all, an insatiable desire to improve themselves on those three dimensions,” Mr Wilson said on his goals to build CBA’s technology capability.
“If the most trusted banking brand can become powered by the most revered and desired engineering culture, brand and reputation, then we’ve achieved something incredible.”
CBA’s share price was at $100.27 at 2pm today, down on Friday’s close of $101.15.
