Ian Mark Narev (born 22 April 1967) is the CEO of SEEK Limited. He is a former managing director and chief executive officer of the
Commonwealth Bank Group commencing these roles on 1 December 2011
[Commonwealth Bank of Australia appoints Ian Narev as next CEO](_blank)
/ref> and being succeeded by Matt Comyn.
Narev was educated at Auckland Grammar School
Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The most populous urban area in the country and the fifth largest city in Oceania, Auckland has an urban population of about I ...
in New Zealand and holds an undergraduate degree from the University of Auckland
, mottoeng = By natural ability and hard work
, established = 1883; years ago
, endowment = NZD $293 million (31 December 2021)
, budget = NZD $1.281 billion (31 December 2021)
, chancellor = Cecilia Tarrant
, vice_chancellor = Dawn F ...
as well as graduate degrees from Cambridge University
The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209 and granted a royal charter by Henry III of England, Henry III in 1231, Cambridge is the world' ...
and New York University
New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin.
In 1832, th ...
.
From 1998 until 2007, Ian worked at McKinsey & Company, in the New York, Sydney and Auckland offices. He left to join the Commonwealth Bank. On April 1, 2019 Narev was announced as the COO
COO or coo may refer to:
Business
* Certificate of origin, used in international trade
* Chief operating officer or chief operations officer, high-ranking corporate official
* Concept of operations, used in Systems Engineering Management Process
...
and CEO of the Asia-Pacific and Americas division of the Australian-based job-board SEEK.
Personal life
Ian Narev was born in Auckland to a Jewish family. As a child, he starred in a New Zealand television series Children of Fire Mountain.
He lives in Australia with his wife Frances and their three daughters, Emilia, Zoe, and Alexandra.
Commonwealth Bank scandals
On 7 March 2016 Narev formally apologised to customers following a 2014 exposé
Expose, exposé, or exposed may refer to:
News sources
* Exposé (journalism), a form of investigative journalism
* '' The Exposé'', a British conspiracist website
Film and TV Film
* ''Exposé'' (film), a 1976 thriller film
* ''Exposed'' (1932 ...
by ABC TV '' Four Corners'' and Fairfax journalists into serious irregularities concerning the refusal of claims of dying and seriously ill clients by the insurance arm of the Commonwealth Bank. On 14 August 2017, Narev announced he would step down as Commonwealth Bank CEO within a year amid allegations the bank breached anti-money laundering laws on almost 54,000 occasions.
References
External links
Commonwealth Bank Group Executive Profile
Commonwealth Bank chief Ian Narev earns $21,700 a day
{{DEFAULTSORT:Narev, Ian
New Zealand businesspeople
Living people
1967 births
Commonwealth Bank people
Alumni of the University of Cambridge
New York University alumni
McKinsey & Company people
University of Auckland alumni
People educated at Auckland Grammar School