Kelly Bayer Rosmarin has been promoted from her current role of executive general manager of corporate banking solutions, which has a strong client-facing focus.
She is responsible for using technology to provide new services and products through data and analytical insight.
She first joined the Commonwealth Bank of Australia in 2004 and has held a variety of roles across numerous strategic initiatives, projects, and products launches across the organisation.
Prior to this, Ms Bayer Rosmarin was a consultant at The Boston Consulting Group and a director of product strategy and product management at technology firm Peoplesoft in California.
Chief executive Ian Narev said the appointment of Ms Bayer Rosmarin recognises the importance the Commonwealth Bank places on expanding its institutional banking and markets business.
“Our institutional clients expect Commonwealth Bank not only to provide traditional banking and finance solutions, but also to be a trusted partner with clear perspective and relevant expertise,” said Mr Narev.
“Over many years at the Commonwealth Bank, Kelly has demonstrated her ability to lead teams to provide this partnership.”
Ms Bayer Rosmarin said she considered this appointment an opportunity to grow the institutional and markets business.
“I’m looking forward to the challenge of leading an important part of the group, building on the business' client focus and providing innovative banking and markets services to Australia’s leading institutions,” she said.
She will commence her new role on the 16 December 2013.
