Briefs: BOQ loses COO and CBA pays compo 09 March 2012 5:59PM Briefs, CBA, Major Banks Ram Kangarathan, chief operating officer of Bak of Queensland, is leaving the bank for another financial institution (not yet identified) the Financial Review reported. Kangarathan was acting CEO prior tothe appointment of Stuart Grimshaw. Commonwealth Bank will have to pay compensation to a former branch manager who harmed himself, with work pressures blamed for his injuries. The Federal Court yesterday overturned an earlier ruling of the Administrative Appeal Tribunal that the bank did not have to pay compensation. The Nine Network reported on the case.