BOQ appoints ME Bank director to board

boq/ME-Bank/patrick-allaway/

22 July 2021
| By Chris Dastoor |
image
image
expand image

With the acquisition of ME Bank completed, former bank director Deborah Kiers will join the Bank of Queensland’s (BOQ’s) board of directors.

The acquisition led to a rotation of directors for BOQ Group and Kathleen Bailey-Lord would retire from her role as non-executive director.

The board changes would take effect from 5 August, 2021, and the number of non-executive directors would remain at seven.

Patrick Allaway, BOQ chair, said it was customary for a new director to join following an acquisition and Kiers’ experience and understanding of the ME Bank business made her the appropriate choice.

“As a director with ME Bank since July 2020, and having ben chair of the ME Bank board’s people and culture sub-committee, I know she will bring valuable perspectives on the ME heritage, underscoring for us the unique ME Bank value proposition and culture,” Allaway said.

Kiers had over 26 years’ board experience and had spent almost 10 years as the managing director and founding Asia Pacific partner of JMW Consultants.

She also served as a non-executive director, chair and committee member for IFM Investors.

Kiers appointment would be voted upon by shareholders at the upcoming Annual General Meeting on 7 December, 2021.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

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

2 months ago

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

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 6 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago

TOP PERFORMING FUNDS