(28 January 2026 – Australia) BoQ has announced the promotion of a senior executive to become the group’s new CEO.
BoQ has appointed Rod Finch as its incoming CEO and Managing Director, effective 1 March 2026 to replace Patrick Allaway who became CEO in 2023.
The move marks a deliberate leadership transition as the bank seeks to advance the next stage of its multi‑year transformation strategy as it fields bids for a component of its Equipment Finance book.
“Rod’s promotion is a deliberate move to maintain leadership continuity through a crucial juncture in the group’s strategy to strengthen performance, simplify systems, and rebuild customer trust. As a key leader of BoQ, Rod’s appointment will ensure we maintain momentum in executing our strategy to become a simpler, specialist bank with improved performance for customers and shareholders” commented BoQ chair Andrew Fraser.
“Rod’s executive leadership of BOQ’s strategy and transformation priorities provides leadership continuity at a pivotal stage for BOQ Group. During his tenure at BOQ, Rod has led the digital transformation and the program to uplift operational and risk performance” Fraser added.
“I am honoured to be appointed CEO and grateful for the trust the Board has placed in me. I look forward to leading the organisation, building on the strategic transformation initiated by Patrick to improve outcomes for our customers, shareholders and the communities we serve” Finch commented on his appointment.
“It has been an honour to lead BOQ as the Chair of the Board and subsequently its CEO, at the Board’s request. While returning to an executive role was not in my plans, I have worked to stabilise and strengthen BOQ by progressing work to respond to two enforceable undertakings and address the impact of market structural shifts” Allaway commented.