Warwick Negus
BOQ Chair & Non-Executive Independent Director
B Bus, M Com, SF Fin
Warwick was appointed a Director of BOQ on 22 September 2016 and its Chair on 27 March 2023.
Warwick brings more than 30 years of finance industry experience in Asia, Europe, and Australia. His most recent executive roles include Chief Executive Officer of 452 Capital, Chief Executive Officer of Colonial First State Global Asset Management, and Goldman Sachs Managing Director in Australia, London, and Singapore. He was also a Vice President of Bankers Trust Australia and a Director of the University of NSW Foundation and FINSIA.
Warwick is Chair of Dexus Funds Management Limited, and a Non-Executive Director of Virgin Australia Holdings Pty Ltd and Terrace Tower Group. He is a member of the Council of UNSW.
Warwick is Chair of the Nomination & Governance and Investment Committees and a member of People, Culture & Remuneration, Audit, Risk and Transformation & Technology Committees.
Patrick Allaway
Managing Director & Chief Executive Officer
BA/LLB
Patrick was appointed as Managing Director & Chief Executive Officer of the Bank on 27 March 2023 for a period up to December 2024, following his role as Executive Chairman. This was made a permanent role on 14 August 2023.
Patrick has extensive senior executive, non-executive, and corporate advisory experience across the financial services, property, media, and retail sectors.
Patrick’s executive career was in financial services with Citibank and Swiss Bank Corporation (now UBS) working in Sydney, New York, Zurich, and London. He was Managing Director SBC Capital Markets & Treasury with direct responsibility for a global business.
Patrick brings over 30 years of experience in financial services across financial markets, capital markets, institutional banking, and corporate advisory. He has extensive experience in leading large global teams, transforming businesses and managing customer activities with global responsibility for serving corporate and institutional customers.
Patrick has over 15 years of Non-Executive Director experience and was formerly a Non-Executive Director of Allianz Australia, Dexus Funds Management Limited, Macquarie Goodman Industrial Trust, Metcash Limited, Fairfax Media, Woolworths South Africa, David Jones, Country Road Group, and Nine Entertainment Co. He chaired the Audit & Risk Committees for Metcash, David Jones, and Country Road Group.
Patrick is currently a member of the Adobe International Advisory Board. Adobe is a leading global technology company, ranked in the top 50 of all global companies by market capitalisation.
Karen Penrose
Non-Executive Independent Director
B Com, CPA, FAICD
Karen was appointed a Director of BOQ on 26 November 2015.
Karen is an experienced non-executive director and banker. As a banker, Karen has 20 years of experience leading businesses within Commonwealth Bank of Australia and HSBC and over ten years in accounting and finance roles. She has particular expertise in the financial services, health, property, resources and energy sectors. Karen is a Non-Executive Director of Cochlear Limited, Ramsay Health Care Limited and Charter Hall Group.
Karen is also a Director of Ramsay Générale de Santé. She was formerly a Non-Executive Director of Reece Limited, Estia Health Limited, Vicinity Centres Limited, AWE Limited, Spark Infrastructure Group and Future Generation Global Investment Company Limited. Karen is a member of Chief Executive Women.
Karen is Chair of the Audit Committee and is a member of the People, Culture & Remuneration, Risk, Transformation & Technology, Investment and Nomination & Governance committees.
Bruce Carter
Non-Executive Independent Director
B Econ, MBA, FAICD, FICA
Bruce was appointed a Director of BOQ on 27 February 2014.
Bruce was a founding Managing Partner of Ferrier Hodgson South Australia, a corporate advisory and restructuring business, and has worked across a number of industries and sectors in the public and private sectors. He has been involved with a number of state government-appointed restructures and reviews, including chairing a task force to oversee the government’s involvement in major resource and mining infrastructure projects.
Bruce had a central role in a number of key government economic papers, including the Economic Statement on South Australian Prospects for Growth, the Sustainable Budget Commission, and the Prime Minister’s 2012 GST Distribution Review.
Bruce has worked with all the major financial institutions in Australia. Before Ferrier Hodgson, Bruce was at Ernst & Young for 14 years, including four years as Partner in Adelaide. During his time at Ernst & Young, he worked across the London, Hong Kong, Toronto, and New York offices.
Bruce is currently Chair of AIG Australia Limited, Australian Submarine Corporation and Sage Group Holdings Limited, and a Non-Executive Director of Lovisa Holdings Limited. He formerly chaired the Boards of Aventus Capital Limited and One Rail Australia and was a Non-Executive Director of Crown Resorts Limited, SkyCity Entertainment Group Limited and Genesee and Wyoming Inc (NYSE).
Bruce is Chair of the Risk Committee and a member of the Audit, Transformation & Technology, Investment, People, Culture & Remuneration, and Nomination & Governance Committees.
Mickie Rosen
Non-Executive Independent Director
B.A., Economics, MBA
Mickie was appointed a Director of BOQ on 4 March 2021.
Mickie has over three decades of strategy, operating, and board experience across media, technology, and e-commerce. She has led, built and transformed businesses for global brands such as Yahoo, Fox, and Disney, as well as early-stage companies including Hulu and Fandango.
Mickie is also a Non-Executive Director of Nine Entertainment Co, Domain Holdings Australia, and Centurion Acquisition Corp in the United States. Prior, Ms Rosen served on the boards of Fairfax Media, FaZe Clan, Pandora Media and Ascendant Digital Acquisition Corp, was the President of Tribune Interactive and concurrently the President of the Los Angeles Times.
Mickie commenced her career with McKinsey & Company, is based in California, and holds an MBA from Harvard Business School.
Mickie currently chairs the Transformation & Technology Committee and is a member of the Risk, People, Culture & Remuneration, Audit, and Nomination & Governance Committees.
Deborah Kiers
Non-Executive Independent Director
B.Sc (Hons), MPA, MAICD
Deborah was appointed a Director of BOQ in August 2021.
Deborah previously acted as a Director of ME Bank since July 2020. She is currently a Non-Executive Director for IFM Investors and holds the positions of Chair of the Responsible Investment and Sustainability Committee. She is also Chair of the Tiverton Agriculture Impact Fund and was previously a Non-Executive Director of Downforce Technologies Limited.
Deborah’s career includes 30 years of corporate advisory and consulting support to boards, CEOs and executive management teams across a range of industries including Financial Services, Energy and Resources, Property and Infrastructure. She consults on issues including strategy, enterprise transformation, leadership transition, and building synergies between strategy, culture, and remuneration, in Australia and internationally.
Deborah is Chair of the People, Culture and Remuneration Committee and a member of the Audit, Risk, Nomination & Governance, and Transformation & Technology Committees.
Dr Jenny Fagg
Non-Executive Independent Director
PhD (Risk), B Economics (Hons Psychology)
Jenny was appointed a Director of BOQ on 13 October 2021.
Jenny brings to the Board more than 30 years of executive experience across financial services institutions in Australia and abroad. Most recently, she cofounded 2Be Finance, a lending fintech. Previously, Jenny served as Chief Risk Officer for AMP, driving the transformation agenda for risk culture and systems following the Hayne Royal Commission. She is recognised for her turnaround credentials fostered as EVP of Retail Products of CIBC (Canada), as CEO of ANZ National Bank (New Zealand) and as MD of ANZ Consumer Finance.
Jenny holds a PhD in Management (Risk) from University of Sydney and a Bachelor of Economics (Honours in Psychology) from the University of Queensland. She currently serves on the National Breast Cancer Foundation Board.
Jenny is a member of BOQ’s Transformation & Technology, Risk, People, Culture & Remuneration, Audit, and Nomination & Governance Committees.
Andrew Fraser
Non-Executive Independent Director
LLB BCom (1st Class Hons)
Andrew was appointed a Director of BOQ on 8 February 2024.
Andrew is Chair of Australian Retirement Trust, and a director of Brisbane Broncos as well as President of Motorsport Australia. In addition, he is Chair of Orange Sky Australia, and a Director of two other charities, Australians for Indigenous Constitutional Recognition and the Hear and Say Centre.
In 2022, he was appointed Chancellor of Griffith University. His previous roles have included Head of Strategy & Investment at National Rugby League and Director of the Australian Sports Commission and Moorebank Intermodal Company and a Director of BESIX Watpac. Andrew also served as a Minister in two governments including as Treasurer of Queensland from 2007 to 2012.
Andrew is a member of the Audit Committee, People, Culture & Remuneration, Risk, Transformation & Technology, and Nomination & Governance committees.
Mary Waldron
B.E.S.S (Hons), FCA, FAICD
Mary Waldron was appointed to the Board on 11 November 2024.
Mary is currently an Independent Non-Executive Director and Chair of the Risk, Compliance and Audit Committee at Zurich Financial Services Australia Limited and subsidiaries and is an
Independent Non-Executive Director and Chair of the Audit & Finance Committee of Crown Melbourne Limited.
Mary is a Non-Executive Director of the Melbourne Symphony Orchestra Pty Ltd, a member of Chief Executive Women, a graduate of the Australian Institute of Company Directors and a fellow of the Institute of Chartered Accountants in Australia.
Mary was previously a Director of Chartered Accountants Australia & New Zealand, the Macfarlane Burnet institute for Medical Research & Public Health, Opera Australia, the Melbourne Recital Centre and Chairman of the Centre for Ethical Leadership Advisory Board.
Mary has extensive global executive leadership experience (in risk, regulation and business technology and digital transformation) and more than 35 years’ professional experience in audit, risk and consulting to Australian listed, government and private companies as a former Partner at Arthur Andersen and Ernst & Young, where she also held senior leadership roles. She spent 14 years as at PricewaterhouseCoopers where she was a member of their Global Leadership Team and the Global Chief Risk Officer from 2016 to 2021.
Mary is a member of the Audit, People, Culture & Remuneration, Risk, Transformation & Technology, and Nomination & Governance committees.
