The chief financial officer at the Bank of Queensland has announced his resignation to pursue other leadership opportunities.
Matt Baxby has worked for the bank for seven years, six as group executive of retail banking and then 12 months as chief financial officer.
Mr Baxby will remain with the group until its full-year results in October this year and help ensure a smooth transition following the commencement of managing director and chief executive officer George Frazis in September.
“My time at BOQ has been incredibly rewarding, and the highlights include overseeing the successful acquisition of Virgin Money, diversification by geography and channels of the retail bank, and more recently, assuming the role of CFO to broaden my experience across the group,” Mr Baxby said.
BOQ chairman Roger Davis said that Mr Baxby had made a significant contribution during his time with the bank and was instrumental in the acquisition of Virgin Money.
“Since the acquisition, Virgin Money has continued to grow and diversify its product offerings as a challenger brand. The board thanks Matt and wishes him all the best in the next chapter of his career,” Mr Davis said.
The search for his replacement is currently underway, with his official notice period ending December this year.
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