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Bank of Queensland Limited (ASX:BOQ)

ALERT: Price-sensitive ASX Announcement for BOQ
Current share price for BOQ : $6.340 -0.56 (-8.12%)+
Announcement
Release
28 Jan 2026 9:53AM
Price at Release
$6.900
Full Release
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Summary
Bank of Queensland Limited (BOQ) has announced the appointment of Rod Finch as the new Chief Executive Officer and Managing Director effective from March 1, 2026. Rod Finch, previously the Chief Transformation and Operations Officer at BOQ, brings over 20 years of experience in the financial services sector, having worked in various roles related to customer, product, strategy, and transformation initiatives in both Australia and the UK. The outgoing CEO, Patrick Allaway, who transitioned from a Non-Executive Director role to CEO in 2023 to guide BOQ through regulatory challenges, will retire on February 28, 2026. Allaway is credited with strengthening BOQ's operational and financial framework and building a strong executive team. The Board expressed gratitude for Allaway's leadership and support during a transformative period and is confident in Finch's ability to continue advancing BOQ's strategic objectives.
Key Points
  • Rod Finch appointed CEO of BOQ effective March 1, 2026.
  • Patrick Allaway to retire as CEO on February 28, 2026.
  • Rod Finch has over 20 years of experience in financial services.
  • Finch was BOQ’s Chief Transformation and Operations Officer since 2023.
  • Patrick Allaway served as CEO to address regulatory challenges starting in 2023.
  • BOQ's Board thanked Allaway for his strategic leadership.
  • Rod Finch aims to continue building on BOQ's strategic transformations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.