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

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

1 day 1 hour ago

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

2 months ago

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

2 months 1 week ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

3 weeks 4 days ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

2 weeks 4 days ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

2 weeks 1 day ago

TOP PERFORMING FUNDS