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Commonwealth Bank of Australia makes board changes

Commonwealth Bank of Australia said it has appointed a new director while two members of its board will retire.

The bank named Anne Templeman-Jones as an independent nonexecutive director, effective immediately. Templeman-Jones is currently a board member at HT&E Ltd. and GUD Holdings Ltd., among others.

Meanwhile, Andrew Mohl and Brian Long, who have served as directors for more than 10 years and eight years, respectively, will retire at the conclusion of the bank's 2018 annual general meeting.