When George Frazis took on the Herculean job of turning around the poorly performing Bank of Queensland in 2019, he brought to the task a unique leadership style that has sometimes surprised and disappointed his chairman, Patrick Allaway.

Allaway, who remains a huge fan of Frazis, was disappointed to find that the former head of business banking, Peter Sarantzouklis, was hired without Frazis telling the chairman he was godfather to Sarantzouklis’ child.