BOQ appoints CFO and COO

Bank of Queensland (BOQ) has appointed Ewen Stafford as chief financial officer (CFO) and chief operating officer (COO).

Stafford had over 30 years of corporate experience across finance, operations, strategy, and had delivered complex transformation programs.

Stafford’s commencement date had yet to be finalised and Racheal Kellaway, deputy CFO, would act in the interim as CFO.

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“This is a unique opportunity to combine my previous experience in finance, operations and strategy,” Stafford said.

“BOQ, under George’s leadership, is on an exciting journey of transformation and I am looking forward to being part of this.”

George Frazis, BOQ managing director and chief executive, said Stafford’s unique skillset of both financial management and operations meant it was an appropriate fit to combine roles.

“Finance and operations are closely aligned, so I am delighted to find someone who knows both well,” Frazis said.

Frazis thanked Matt Baxby, the departing CFO, for his contribution over the past seven years and his continued support during the recent leadership transition. He would finish with the company on 31 Ocotber, 2019.

Stafford’s appointment was subject to regulatory approvals.

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