BOQ Expands Business Banking Presence Nationally

Wednesday, 12/02/2014

BOQ is continuing to build its business banking presence nationally with the appointment of two key executives responsible for corporate banking growth in New South Wales and Victoria, as well as Western Australia. 

Simon Davis has been appointed BOQ’s first Head of Corporate and Property Finance New South Wales and Victoria. 

Reporting directly to Brendan White, Group Executive for Business Banking, Agribusiness and Financial Markets, Mr Davis’ appointment supports BOQ’s geographic diversification by increasing the Bank’s capacity to locally manage relationships with corporate and property customers. 

Mr Davis will be responsible for growing the presence, capability and resources of BOQ’s Corporate and Property Finance Division in New South Wales and Victoria, and said the Bank was in a good position to grow its corporate banking customer base. 

“While BOQ needs to build brand awareness among corporate banking customers in southern states, we do have a strong reputation for exceptional customer service and now have a business structure in place that allows us to be more flexible and responsive,” Mr Davis said. 

“I’ll be looking to further leverage our unique business banking offering by ensuring we have the capability and resources to build quality relationships with corporate banking customers that fall within our risk profile. 

“We’ve broadened our business banking offering by growing our foreign exchange, interest rate risk management and trade finance capability so we can service customers on all fronts – including their non-core business activities,” he said. 

BOQ has also appointed Louis De Klerk as Senior Manager of Business Banking, Corporate and Property in Western Australia. 

Mr De Klerk will report to Doug Snell, BOQ’s General Manager for Business Banking and Agribusiness, and has a similar remit to that of Mr Davis. 

Both appointments are internal.  Mr Davis has been a BOQ Senior Property Finance Executive based in Brisbane for the last 12 months and Louis De Klerk a Corporate Relationship Executive for the last 7 months. 

BOQ Group Executive for Business Banking, Agribusiness and Financial Markets Brendan White said localised managers aligned BOQ’s business banking approach with its retail model. 

“Each market has its own dynamics so it makes sense to have a specialised team on the ground with local management to promote and drive our business while also being available for face-to-face relationships with their customers,” Mr White said. 

“This structure improves our footprint, client service levels and ability to respond to customer needs,” he said.