BOQ Group appoints new Group Executive Business Bank
26 March 2025
BOQ Group has announced the appointment of Julian Russell as Group Executive Business Bank, effective Tuesday 22 April, 2025.
Mr. Russell joins BOQ Group from FleetPartners (formerly Eclipx), where he served as Group Chief Executive. During his tenure, he led a highly successful turnaround of the business.
Prior to his role at FleetPartners, Mr. Russell held senior positions at UBS in Australia and Merrill Lynch in Europe. At UBS he was Co-Head of Financial Institutions Group, leading significant M&A transactions and capital raisings for banks, insurers, and other financial services companies.
BOQ Group Managing Director and Chief Executive Officer Patrick Allaway said Mr. Russell brings extensive experience in local and international financial services.
"Julian is a seasoned executive with a proven track record in leading complex organisations through transformations and returning them to profitable growth.
"I am very optimistic about the future of the Business Bank under Julian's leadership, building on BOQ’s record of delivering exceptional outcomes for our business customers.
“We have deliberately selected a non-traditional banker for this role. Julian's finance and commercial background will bring a fresh perspective to optimising returns in increasingly competitive markets," said Mr. Allaway.
About Julian Russell
Julian has extensive experience in financial services, having started his career in senior positions at UBS in Australia and Merrill Lynch in Europe. He joined FleetPartners in 2019 and led the company through a period of transformation until 2023.
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