When Commonwealth Bank boss Matt Comyn announced this month he was parachuting one of his most trusted lieutenants, Sinead Taylor, into New Zealand to run its ASB subsidiary, it came as a shock.
The decision to remove Taylor as head of the institutional bank just 18 months after she had taken on the role – and with no clear successor – so she could lead the bank’s Kiwi franchise, raised questions of why now and why her?
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