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Optus CEO joins REA Group board

The telecommunication company’s chief executive and former CBA executive has been appointed as a non-executive director of digital property platform REA Group.

Digital property platform REA Group Ltd (REA Group) - the parent company of realestate.com.au and brokerages Smartline and Mortgage Choice - has confirmed that the current CEO of Optus, Kelly Bayer Rosmarin, has been appointed to its board.

According to a statement by REA Group, Ms Bayer Rosmarin will offer herself for election as an independent non-executive director during its 2022 annual general meeting. 

She is expected to commence her role from 1 January 2022 and will also serve as a member of the group’s audit, risk and compliance committee. 

Ms Bayer Rosmarin was named the CEO of Optus and Consumer Australia on 1 April 2020. 

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Prior to joining the telecommunications giant, Ms Bayer Rosmarin spent 14 years with Commonwealth Bank of Australia (CBA), serving in a range of senior positions. 

Between 2013 and 2018, she was the big four bank’s group executive of institutional banking and markets. 

Ms Bayer Rosmarin is also currently a non-executive director with buy now, pay later fintech Openpay Group Ltd and transnational telecommunications company Airtel Africa plc. 

Speaking of the incoming board addition, REA Group chairman Hamish McLennan said: “We are delighted to welcome Kelly to the REA Group board. 

“Kelly’s depth of experience across financial services will further complement and strengthen the board and its diversity.” 

[Related: ANZ unveils new institutional bank leadership]

Optus CEO joins REA Group board
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