Gavin Munroe new chief information officer of Commonwealth Bank

Commonwealth Bank has appointed former consultant Gavin Munroe as its next Chief Information Officer.

Gavin Munroe, currently the Chief Information Officer of HSBC’s Wealth and Personal Banking division, will assume his new role from 14 November 2022.

In the role, he is responsible for technology across HSBC’s wealth, private banking, insurance, retail and digital businesses. Prior to HSBC, Munroe held leadership roles in technology with Bank of America Merrill Lynch, Morgan Stanley and Wachovia.

In between his banking spells, Munroe also worked for Synechron as Managing Director of Asia Pac, a specialist provider of business consultancy and technology services for financial services institutions.

“Gavin is a seasoned financial services technology leader with deep experience driving digital transformations. He has a proven track record of delivering technology solutions at a global scale, managing and building strong teams, and leading large programs aligned to business strategies and goals,” said Matt Comyn, the Chief Executive Officer of the Commonwealth Bank.

Munroe succeeds Pascal Boillat, who will leave the bank in mid-November to return to the Northern Hemisphere to be closer to his family.

Among the key areas of focus for Munroe will be to lead a number of strategic initiatives to strengthen Commonwealth Bank’s IT systems and processes. “Gavin will further deliver on our strategy to deliver market-leading digital experiences for our customers,” said Comyn.