Business
Annabel Spring’s CommInsure taint washes out at HSBC – The Australian Financial Review
The ex-CBA wealth boss left on the bank’s sale of CommInsure to pursue “other opportunities”. Not a euphemism.
By the time Kenneth Hayne’s royal commission got around to investigating the Commonwealth Bank’s CommInsure scandal in which the bank was accused of unfairly dudding policyholders of worthy claims through tightly worded contracts the executive in charge had been gone (with a $4 million payout) for the better part of a year.
It can’t have helped Annabel Spring’s job search. But she did OK nonetheless. CBA’s former wealth boss popped up mid-last year at HSBC, as customer and product head of the r…
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