CBA chief to give new jobs to employees at businesses
The CBA’s chief executive officer, David Gorman, will give new job opportunities to staff at businesses that are currently being managed by their executives.
In a letter to the Business Group of Australia, Mr Gorman wrote: “The key objective of the changes announced in this announcement is to improve the quality of management at businesses through the development of an integrated and well-rounded business intelligence team.”
He said the changes would create more senior management, reduce redundancies and allow businesses to retain their key employees.
“These changes will help to drive up our company’s returns by creating new jobs and improve the efficiency of our business operations,” he said.
Mr Gorman said the change was aimed at bringing in better management to manage businesses that were being managed for the first time by their chief executive officers.
“This will also help us to ensure we have the best chance of attracting the best talent to the company and ensuring we are able to support the growth of the company through the growth in the number of staff,” he wrote.
The changes will see the CEO of a business start with a business intelligence manager role.
The Chief Executive of Australia is appointed by the Prime Minister.