About Michael Vacy-Lyle

Michael Vacy-Lyle is Commonwealth Bank’s Group Executive for Business Banking. He commenced in this role in February 2020, and has responsibility for Business Banking and CommSec. Prior to joining CBA, Michael was Chief Executive Officer of FNB Commercial Banking, a division of the FirstRand Banking Group in South Africa. Michael spent 18 years at FNB, Africa’s largest commercial bank, working across various roles in commercial banking, including finance, pricing, product, capital management, sales, and relationship management, until his appointment as CEO in August 2011. Before joining FNB, Michael worked in London as an investment analyst at a new technology private equity fund and then as a manager in corporate finance at KPMG. Michael Vacy-Lyle has a Bachelor of Commerce (Hons) from University of KwaZulu-Natal, and the University of South Africa, and is also a member of the South African Institute of Chartered Accountants. Banks are systemically important to the economy and one of his aims is to be on the forefront of technology to drive future growth. Anyone interested in hearing more, give him a follow, or if you would like to discuss your individual banking needs, feel free to connect.