BOQ appoints new non-executive director
16 October 2024
Bank of Queensland (BOQ) today announced the appointment of Mary Waldron as a Non-Executive Director of BOQ, effective from 11 November 2024.
BOQ Chairman Warwick Negus said: “On behalf of the Board I am delighted to confirm the appointment of Mary Waldron as an independent Non-Executive Director to the BOQ Board. Mary brings a wealth of risk, audit, governance, financial, transformation and regulatory experience to the BOQ Board”.
Ms Waldron 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.
Ms Waldron 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.
Ms Waldron has more than 35 years’ experience in audit, risk and consulting as a former Partner at Arthur Andersen and Ernst & Young. She spent 14 years at PricewaterhouseCoopers where she was a member of their Global Leadership Team and the Global Chief Risk Officer from 2016 to 2021.
Ms Waldron’s appointment will be voted upon by shareholders at the upcoming Annual General Meeting on 3 December 2024.
Director Retirements
The Board wishes to recognise the contributions of Bruce Carter AO and of Jennifer Fagg who will be retiring as Non-Executive Directors.
Mr Negus expressed gratitude on behalf of the Board, management and shareholders for the contribution and dedication shown by Mr Carter.
“Bruce has made a significant contribution to BOQ during his 10 and a half years on the Board. We would like to acknowledge his contribution as a member of each of the People, Culture & Remuneration, Audit, Transformation & Technology and Nomination & Governance Committees. In particular, we thank Bruce for the considerable role he played as Chair of the Risk Committee. On behalf of the Board, I would like to thank Bruce for his commitment to BOQ and its shareholders and we wish him all the best for the future.”
Mr Carter will retire at the close of BOQ’s Annual General Meeting on 3 December 2024.
Mr Negus also expressed gratitude on behalf of the Board, management and shareholders for the contribution of Dr Fagg.
"I want to acknowledge the insight Jenny has provided to the Board and her contribution as a member of the People, Culture & Remuneration, Audit, Transformation & Technology, Nomination & Governance and Risk Committees. Jenny’s experience and strategic thinking has contributed in shaping the path forward for BOQ.”
Dr Fagg will retire on 29 November 2024.
