BOQ appoints CEO

chief executive officer executive general manager director commonwealth bank chairman

5 January 2015
| By Malavika |
image
image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 5 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

6 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 day 15 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

19 hours 23 minutes ago