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Bank announces resignation of group executive

A group executive of a non-major bank has resigned to assume a role as CEO of retail business.

The Bank of Queensland (BOQ) has announced the resignation of Brendan White, group executive of BOQ Business, after six years of service to the bank.

Mr White has resigned to take on the role of CEO of pawn broker Cash Converters.

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The announcement follows the resignation of BOQ CEO and managing director Jon Sutton, who stepped down to recover from heart surgery. BOQ’s chief operating officer Anthony Rose was announced as the bank’s interim CEO.

Commenting on Mr White’s resignation, Mr Rose said: “I am grateful for the significant contribution that Mr White made to the business during his time at BOQ.”

“Brendan’s achievement in building a high-quality team with specialised industry capability has been a highlight.”

Mr White, who will officially leave his role at BOQ in March 2019, added: “I know that I will be leaving BOQ Business in great shape, and look forward to taking on fresh challenges in my new role.  

“I have appreciated the support I have received from my leadership team, executive peers and the board.”

[Related: Bank CEO and MD resigns]

Bank announces resignation of group executive
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