How CBA's chief picks good companies

Ian Narev, head of Australia's largest bank, reveals the secret of how he picks top performers over those that are not as clever.

When describing the Australian business scene, Commonwealth Bank chief executive Ian Narev has a way of separating the corporate ‘sheep’ from the corporate ‘goats’ -- in other words, separating the good, well-managed companies from the not so good, or bad ones.

I must emphasise that in his KGB interview (below) Narev does not use these terms but that’s what he means.

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