Overview

• Chairman Paul O’Malley outlined the leadership outlook at the bank’s annual meeting on Wednesday.
• He said he will stand for re‑election for a final three‑year term as chair with the board’s support.
• No successor has been identified and the board has not set a timetable for a transition.
• Media reports, including the Australian Financial Review, interpreted the remarks as pointing to a likely tenure through 2029, though no end date was confirmed.
• Comyn has led the bank since 2018, and the Australian Shareholders’ Association praised his performance while underscoring the need for clear succession planning.