November 2023
George Frazis plots comeback
Frazis is preparing for his next innings – this time as an adviser on debt capital markets deals.
BoQ hit by fifth executive departure in a year
Martine Jager’s exit from the bank, where she was chief people and customer officer, was announced to staff on Friday.
October 2023
BoQ belatedly reveals exec’s exposure to $42m in loans
Many finance executives take out home loans with their employer, but few disclose $42 million in commercial loan exposures.
August 2023
Patrick Allaway having his way with BoQ
On Monday, his brass nameplate was finally drilled in, yet the question persists: does Allaway really know how to run a retail bank?
June 2023
APRA, AUSTRAC? It’s all part of Bank of Queensland’s plan
What’s an extra $50 million in regulatory capital and an order to improve risk controls between friends?
May 2023
BoQ’s embarrassing back-to-the-future risk failure
Bank of Queensland CEO Patrick Allaway has serious questions to answer as to how risk management shortcomings were allowed to fester for years.
March 2023
Why BoQ’s chairman will become a Band-Aid CEO
Patrick Allaway says his shift to the chief executive role will provide stability at a crucial time for banking. But the move also highlights BoQ’s missteps.
BoQ parachutes chairman into CEO’s role
Four months after dumping CEO George Frazis, Bank of Queensland chairman Patrick Allaway is leaving the board to become CEO.
Should shareholdings by a director’s spouse be disclosed?
When a bank CEO’s husband bought shares, it revealed a little-known aspect of markets: trades of a director’s spouse do not always need market disclosure.
January 2023
Bank of Queensland execs reminded of expense policy
“Travel to and from the office should be at your individual cost unless you are travelling interstate,” executive chairman Patrick Allaway wrote. No kidding.
December 2022
The mangled exit of BoQ CEO George Frazis
Until last month, the Bank of Queensland gave every indication things were going well under its star chief executive.
Bank of Queensland? More like Bank of Sydney
BoQ was launched 148 years ago and its headquarters is in Brisbane. Almost a third of its loans come from Queensland. But guess how many directors live there?
‘Just not credible’: investors quiz BoQ CEO’s dismissal
The market has been demanding further answers for why the bank suddenly dismissed star recruit George Frazis.
Michael Frazis trims down fund performance disclosures
The fund manager son of former Bank of Queensland boss George Frazis has been tweaking his website amid lousy performance.
Investors demand answers for BoQ’s dumping of CEO
Bank of Queensland’s rationale for booting out George Frazis is short of detail, prompting questions for the board ahead of the annual general meeting.
November 2022
Five reasons why BoQ’s CEO search will struggle
This is not a great time to be taking on the chief executive’s position at Bank of Queensland.
BoQ CEO chaos sparks analyst worries, raises bonus hurdle
Long-term options for the top brass, including those remaining at the lender, are heavily underwater currently.
The three-year curse strikes BoQ again
George Frazis was to be the rock star Westpac recruit to turn around BoQ. But his rapid departure continues a decade of executive turnover at the bank.
Frazis’ removal leaves mess for BoQ
At the heart of the immediate removal of Bank of Queensland chief executive George Frazis are differences over style and strategy.
BoQ’s George Frazis out door amid CEO turmoil
Chairman Patrick Allaway is taking the reins in a move that had been denied several months earlier.