BOQ appoints CEO
Bank of Queensland (BOQ) has appointed Jon Sutton as managing director and chief executive officer, effective immediately.
Sutton has been acting CEO for about four months after former CEO Stuart Grimshaw resigned in August last year. He was previously the chief operating officer.
Chairman Roger Davis said the company conducted an international search process but decided Sutton was the best person to continue in the CEO role.
"He has overseen many of the Bank's key projects including digitisation of its back office and, as acting CEO, has done an excellent job in steering BOQ's performance and communicating our results to investors over the last few months," Davis said.
Sutton has over 20 years' experience in financial services and has experience in retail and business banking.
Before joining BOQ in July 2012, Sutton was managing director of Bankwest. He has also held senior positions at the Commonwealth Bank including executive general manager of agribusiness, where he was involved in setting up the agribusiness segment.
AUTHOR
Malavika Santhebennur
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