BOQ appoints IT expert as new Director


Bank of Queensland Chairman Neil Roberts announced today (Wednesday, April 5) that former IT executive Carmel Gray will join the Bank’s board as a non-executive Director from the close of business tomorrow, after announcement of the Bank’s interim results for 2006.


Mr Roberts said the Board had for some time been seeking to bring significant IT skills to the table.  The appointment of Carmel Gray achieves that objective, given her strong background in the Australian IT industry, combined with her experience as CIO at Suncorp from 1999 to 2004.


“Ms Gray has carved out an enviable reputation in Australia’s IT industry as an expert in her field. This experience, combined with her knowledge of the Australian and Queensland banking market, means she is the perfect fit for the BOQ Board."


Ms Gray was Group Executive Information Technology and General Manager Information Technology at Suncorp from 1999 to 2004 before moving back to Victoria. Prior to her Suncorp appointment Ms Gray was General Manager of Energy Information Solutions (1997-99) and had a long history (1983-1997) with Logica Pty Ltd, culminating in her appointment as Managing Director from 1992 to 1997.


Ms Gray said she looks forward to contributing to the continuing success of Bank of Queensland, and believed her previous experience would be a valuable addition to the Bank Board’s skills.


“Bank of Queensland’s success in recent years is well known and I look forward to playing a part in the Bank’s continued strong growth and national expansion,” she said.


“The Boards of publicly listed companied now, more than ever, need a diverse range of skills and experience and I hope to be able to bring my own knowledge of IT, banking and business generally to the experienced and successful BOQ Board.”


Ms Gray will be appointed Non-Executive Director from 5pm, April 6, 2006.