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BOQ announces board appointment

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By Reporter
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2 minute read

Bank of Queensland has appointed former Virgin Media UK chief executive Neil Berkett to its board.

Mr Berkett, who recently stepped down as chief executive of Virgin Media in the UK, is the Virgin Group’s nominee to the BOQ board following the acquisition of Virgin Money Australia.

BOQ chairman Roger Davis said Mr Berkett had “delivered several major business transformations” in a range of sectors in Australia and overseas.

“[Mr Berkett] has extensive banking experience having worked at St George Bank, Citibank and Lloyds TSB at various times throughout his career, and is also an Associate Chartered Accountant (NZ),” said Mr Davis.

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An understanding of Virgin’s “entrepreneurial culture” will be a valuable addition to the BOQ board, said Mr Davis.

“There are close parallels between what BOQ is aiming to achieve in the Australian financial services market and what I did with Virgin Media in the United Kingdom,” said Mr Berkett.