Bank of Queensland’s rationale for booting out chief executive George Frazis is falling short of detail sought by the market, prompting questions for the board ahead of the annual general meeting.
The meeting in BoQ’s hometown of Brisbane is on Tuesday, with market watchers also split on the bank’s succession planning following last week’s rapid dismissal of Mr Frazis.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au