(11 May 2004 – Australia) Commonwealth Bank of Australia has strengthened its Institutional Banking division by appointing Ian Saines as executive general manager of Institutional & Business Services.Saines joins from Zurich Capital Markets Asia, which he co-founded in 2001 and where he was managing director. He previously worked at BT Australia, where he held the roles of executive vice president and co-head of the Global Metals and Mining Industry Group.
Group executive, IBS, Michael Ullmer, said Saines would be responsible for leading an experienced team in the delivery of the bank’s services “to meet the full spectrum of clients’ complex capital and finance needs”.