Commonwealth Bank CFO Quits For the EOS Project


Following the trend of Wallstreeters and financiers leaving there traditional positions for the cryptocurrency industry, another industry giant has joined the crypto world. Rob Jesudason, the CFO of Commonwealth Bank in Australia, has left Commonwealth Bank to join the board of directors, as well as become the new COO and Group President of the EOS project.

jesudason commonwealth eos

Former Commonwealth Bank CFO Rob Jesudason

“Rob has a proven track record of success in global financial services, where he has been involved in industry innovation and facilitated regulatory advancement enabling the adoption of new technologies. His alignment with our organizational priorities of creating compliant, high-performance blockchain solutions, is an ideal fit for, and is an exciting conclusion to our thorough search for the right individual.” CEO, Brendan Blumer

Jesudason’s replacement at Commonwealth is currently being searched for internally and externally as the bank works to rebuild it’s reputation after a series of money laundering scandals. Jesudason has left his position immediately and will later join the Hong Kong blockchain publisher, the creators and publishers of EOSIO blockchain software.

EOS is a project focusing on developing scalable blockchain software. Their high-performance project will enable secure data transfer and decentralized applicationsupport. It is considered to be the first performant blockchain platform for developers. At the time of writing, the project is valued at just over $12bn.



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