BOQ director to step down

The board of the Bank of Queensland (BOQ) has announced the retirement of non-executive director Michelle Tredenick, effective at the conclusion of the 2020 annual general meeting in December.

Ms Tredenick joined BOQ in February 2011, assuming the role of chair of the information technology committee within her first year.  

BOQ chairman Patrick Allaway thanked Ms Tredenick for almost 10 years of service to the bank.

“In particular, we would like to acknowledge her role as chair of the information technology committee where she has provided guidance and oversight of the delivery of phase one of the Virgin Money Australia digital bank and BOQ’s core infrastructure cloud modernisation, key planks of our digital transformation,” he said.

“We would also like to acknowledge Michelle’s significant governance experience and contribution over many years as a member of each of the people, culture and remuneration, risk, audit, and nomination and governance committees.”

“On behalf of the board, I would like to thank Michelle for her commitment to BOQ and its shareholders and to wish her all the best for the future.”

Ms Tredenick added: “It has been a privilege to serve on the board and I look back on my time here with gratitude having commenced my professional non-executive director career with BOQ.

“I wish the board and the management team success in the next stage of the transformation journey.”

Ms Tredenick continues to serve on the boards of a number of organisations, including Urbis, First Sentier Investors, IAG and Cricket Australia.

[Related: Virgin partners with Deloitte, Temenos to build ‘new digital bank’]