Former Colonial First State executive, Brian Bissaker, has exited his role as head of Virgin Money Australia as a result of the Bank of Queensland’s (BOQ’s) decision to combine Virgin Money into a single business with its Retail and Online Banking businesses.
The changes were announced to the Australian Securities Exchange (ASX) last week with the news that the current group executive, Retail and Online Banking, Matt Baxby, would be heading up the combined business and that Bissaker would be leaving the business.
BOQ chief executive, Jon Sutton, paid tribute to Bissaker’s contribution to the business noting that he had originally joined the company as a consultant looking at its wealth management business before leading the deal team which acquired Virgin Money Australia.
