Kathy Cummings Joins BOQ Broker

Wednesday, 18 December 2019

Bank of Queensland (BOQ) has today announced the appointment of Ms Kathy Cummings to the newly created role of General Manager, Broker. Ms Cummings’ appointment comes as the bank refocuses its efforts on rebuilding and reinvigorating BOQ’s broking division, as part of its transformation journey under new Managing Director and CEO, Mr George Frazis.

Ms Cummings has more than 20 years’ experience in the mortgage broking industry and most recent role was with Commonwealth Bank of Australia (CBA), where she established the Bank’s Mortgage Broking business. Earlier this year, Ms Cummings was awarded a Lifetime Membership of the Mortgage and Finance Association of Australia (MFAA), having previously served on the Board of MFAA for nine years.

Mr Frazis said he is delighted to welcome someone of Kathy’s exceptional experience and high industry regard to the Group. “As we look to strengthen our Broker relationships and build momentum across this channel, Kathy’s proven experience in strategic planning, financial and risk management and sales distribution makes her the ideal choice to lead the BOQ Broker team,” Mr Frazis said.

Ms Cummings said she is looking forward to joining the BOQ Retail team at a time of significant challenge and opportunity for the banking industry and in particular the Mortgage Broking sector. “I trust my experience and passion for the industry will enable me to add value to the BOQ Broker and Third Party propositions, which together, with support from Managing Director and CEO, George Frazis, will see BOQ as the regional bank of choice in the Third Party market. I’m ready to make a difference.”

Ms Cummings will report directly to BOQ’s Group Executive Retail, Ms Lyn McGrath and commences in the role on Monday, 6 January 2020.