BOQ boss departs suddenly
The search for a new chief executive is underway at the Bank of Queensland (BOQ) following today's sudden departure of George Frazis.
Stay updated with breaking news from Patrick Allaway. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The search for a new chief executive is underway at the Bank of Queensland (BOQ) following today's sudden departure of George Frazis.
Seemingly the board had been prepared to indulge George Frazis’ eccentricities because his quest to light a fire under the bank’s growth strategy had shown signs of waking the sleepy regional bank and dragging its IT into the modern era.
George Frazis is stepping down from his role as Bank of Queensland (BOQ) chief executive with immediate effect, as announced by the bank earlier on Monday.
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.
The bon vivant banker is not your typical regional bank chief executive, which is why many had long tipped he would inevitably part company with the staid BoQ