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Bank of Queensland ( (AU:BOQ) ) has issued an update.
Bank of Queensland has appointed its Chief Transformation and Operations Officer, Rod Finch, as Chief Executive Officer and Managing Director effective 1 March 2026, succeeding Patrick Allaway, who retires from his executive role at the end of February. The board highlighted Finch’s central role in BOQ’s digital transformation and operational and risk uplift as key to maintaining strategic momentum and leadership continuity at a pivotal stage in the bank’s turnaround. BOQ credited Allaway, who moved from non-executive chair to CEO in 2023, with stabilising the group during a challenging period marked by regulatory undertakings and market shifts, strengthening its operational and financial resilience, accelerating growth in its business bank and completing the build of its digital retail platform, positioning the bank for a return to sustainable growth under Finch’s leadership.
The most recent analyst rating on (AU:BOQ) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on Bank of Queensland stock, see the AU:BOQ Stock Forecast page.
More about Bank of Queensland
Bank of Queensland (BOQ) is an Australian banking and financial services group focused on retail and business banking, including a growing business bank and a digitally enabled retail franchise. In recent years it has been undertaking a strategic transformation to become a simpler, specialist bank, with an emphasis on digital capability, operational and risk performance, and improving customer and shareholder outcomes.
Average Trading Volume: 1,813,207
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.46B
See more insights into BOQ stock on TipRanks’ Stock Analysis page.