Resignation of Director and Deputy Chairman
Monday, 26/07/2010
At Bank of Queensland’s Board of Directors meeting today, Mr Anthony Howarth resigned from the Board as Director and as Deputy Chairman.
Mr Howarth said the decision to step down from the Board of the Bank was not an easy one to make, however, was necessary due to his other commitments.
“It was certainly not an easy decision, but the travel and other work and family commitments meant I had to make some changes,” said Mr Howarth.
“Given the Board has continued to strengthen its level of banking and financial services expertise with the introduction of some excellent additional directors in the past few years, I am confident that the governance of the Bank is in good hands.”
The Bank’s Chairman, Neil Summerson, thanked Mr Howarth for his valued contribution to the Bank’s direction since 2007.
“Mr Howarth joined us following the acquisition of Home Building Society and his contribution to the Board, given his extensive banking and corporate experience, was invaluable during the Global Financial Crisis.
“I am joined by the Bank’s Board members in recognising and thanking Mr Howarth for his considerable effort and sage guidance throughout this integration and we wish him similar success in his future endeavours.”
A replacement director and Deputy Chairman will not immediately be sought; however the Board reserves the right to fill these positions in future.
