The Board of the Bank of Queensland (ASX:BOQ) today announced Chairman Roger Davis will retire as Chairman after the release of BOQ’s full year results in October 2019.
Patrick Allaway has been appointed as Chairman Elect.
Roger Davis was appointed to the Board in August 2008 and has served as Chairman since May 2013.
Chairman Elect, Patrick Allaway joined the BOQ Board at the beginning of this month and has extensive senior executive, non-executive, and corporate advisory experience across the financial services, property, media and retail sectors.
He's worked with Citibank and Swiss Bank Corporation, which is now UBS, in Sydney, New York, Zurich and London.
This included an advisory role in the media sector, responding to considerable digital disruption. Mr Allaway is also currently a Non-Executive Director of Nine Entertainment Co and Domain.
Shares in Bank of Queensland (ASX:BOQ) are 0.22 per cent higher at $9.26.