Bank of Queensland welcomes new CEO

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Bank of Queensland welcomes new CEO
Bank of Queensland welcomes new CEO
Jon Cuthbert
Written by Jon Cuthbert
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Bank of Queensland (ASX:BOQ) has named Rod Finch as its CEO and Managing Director, effective March 1.

Finch, who currently serves as the bank's Chief Transformation and Operations Officer, will succeed Patrick Allaway following his retirement on Feb. 28.

With over 20 years of experience in the Australian and UK financial sectors, Finch has been a central figure in BOQ's digital overhaul and risk performance uplift since joining the executive team in 2023.

BOQ Chair Andrew Fraser noted that the appointment provides "leadership continuity" at a pivotal stage as the bank transitions into a simpler, specialist digital institution.

Allaway leaves the bank after a strategically significant tenure, during which he stabilised the organisation following regulatory challenges and oversaw the near-completion of its digital retail platform.

At the time of reporting, Bank of Queensland's share price was $6.81.

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