Cohen joined the CBA in 2008 as general counsel, having left the same role at AMP, and was chief risk officer at the time of the financial services royal commission. He was appointed deputy chief executive in 2018 under then newly appointed chief Matt Comyn.
Despite an 11.3 per cent fall in profit for the 2020 fiscal year almost all CBA senior executives scored a pay rise. Mr Cohen took home $2,225,026, making him one of the bank’s top earners behind Mr Comyn’s almost $4 million.
The couple’s long-held Californian bungalow is set on 916 square metres and has been extended into what is now a two-storey house complete with six bedrooms, separate formal and informal living and dining rooms, home office and a swimming pool.
There was no price guide on offer to buyers until after the first open inspection on Wednesday evening.
This story first appeared at Domain.