BOQ announces new CEO and Managing Director
28 January 2026
Bank of Queensland Limited (BOQ) today announced the appointment of Rod Finch as Chief Executive Officer and Managing Director of BOQ Group from 1 March 2026.
Mr Finch will succeed Patrick Allaway who will retire from his executive role effective 28 February 2026.
Rod Finch has served as BOQ’s Chief Transformation and Operations Officer since 2023. Rod has more than 20 years’ experience in the financial services industry, with a track record of delivery across customer, product, strategy and transformation roles within Australia and the United Kingdom.
BOQ Chair Andrew Fraser said: “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.
“Rod’s executive leadership of BOQ’s strategy and transformation priorities provides leadership continuity at a pivotal stage for the Group. During his tenure at BOQ, Rod has led the digitisation of the retail bank and the program to uplift operational and risk performance.”
Mr Finch said: “I’m 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”.
BOQ’s Board expressed its gratitude for the leadership of Mr Allaway during a challenging and transformative period for BOQ.
Mr Fraser said: “Patrick leaves BOQ with strengthened operational and financial resilience, accelerated growth in our business bank and the build of the digital retail bank largely complete and delivering a materially improved customer experience. He has built a strong executive team that is delivering on our strategy with improved engagement and culture scores.
“We are grateful for Patrick’s service and his dedication to BOQ and wish him well in his retirement.”
Mr Allaway was appointed a Non-Executive Director and Chair of BOQ in 2019. Mr Allaway transitioned to CEO in 2023 to address regulatory challenges and required transformation, providing leadership and stability while developing internal succession.
Mr Allaway said: “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 the Group by progressing work to respond to two Enforceable Undertakings and address the impact of market structural shifts.
“I’m comfortable that I’m leaving BOQ in a stronger position and the time is right to handover to Rod’s very capable leadership. Rod has a clear vision for BOQ Group and will retain momentum in building on the foundational work over the past few years to return the Group to sustainable growth. I wish Rod every success and am confident in the next chapter for BOQ under his strong leadership.”
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Background:
Rod joined BOQ Group in April 2021 and was appointed Chief Transformation & Operations Officer in September 2023. Rod will commence as BOQ’s Chief Executive Officer and Managing Director on 1 March 2026.
Rod has 20 years' experience in the financial services industry, with a track record of delivery across customer, product, strategy and transformation roles within Australia and the UK.
Rod was previously at AMP where he served as Managing Director of AMP Bank and Managing Director of Wealth Products & Platforms. Prior to AMP, Rod held a number of executive roles with Lloyds Banking Group in the UK and Westpac in Australia.
Rod holds a Bachelor of Economics (Honours) from Monash University and is a Graduate of the Australian Institute of Company Directors.
For any media enquiries, please contact:
BOQ Media Relations
Email: Mediarelations@boq.com.au
