A former Commonwealth Bank executive was awarded A$317,500 compensation after he brought a breach of contract case against the bank, following his redundancy in 2009.
Stephen Barker started working for the Commonwealth Bank in 1981, after leaving school. By 1989 he was a loans officer at the Findon branch, in Adelaide.
Barker continued to move up through the ranks, and in 2004 was appointed executive manager for corporate banking in Adelaide. He managed a business with 800 customers, $27 million of revenue and 24 staff in his team.
In 2006 there was some restructuring...
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