BOQ chair to retire
Bank of Queensland chair Roger Davis will retire in October, after the bank releases its full-year results. Davis has been on the BOQ board since 2008 and its chair since 2013. Patrick Allaway, who joined the board earlier this month, has been appointed chair elect. Allaway has had a 30-year career in financial services, including executive roles at Citibank and Swiss Bank Corporation (now UBS). He was managing director of SBC Capital Markets and Treasury, with responsibility for operations in 16 countries.