(26 April 2012 – Australia) Bank of Queensland has gained yet another former CBA executive, the fourth this year, this time in the form of Doug Snell.Doug Snell, the former head of regional and agribusiness banking in Queensland and the Northern Territory for CBA will make the move to BoQ next month where he will spearhead a bigger push into agricultural lending.
The move comes after BoQ posted a A$91 million first half loss earlier this month. Stuart Grimshaw, BoQ’s CEO has identified the agricultural sector as an area for future growth.