BUZZ-Brokerages upbeat on Bank of Queensland tapping insider as next CEO

Reuters04:01

BUZZ-Brokerages upbeat on Bank of Queensland tapping insider as next CEO

** Morningstar sees no wholesale change in strategy after Bank of Queensland BOQ.AX CEO Patrick Allaway steps down

** Regional bank on Wednesday announced current chief transformational officer Rod Finch to take over as CEO

** Investment research firm says Allaway's position was never expected to be long-term, after stepping in from his chair role to address regulatory issues and poor operating efficiency

** Adds Finch played a role in setting current strategy, which included converting owner-manager branches to corporate branches, hiring more business bankers and cutting operating costs

** Citi says co has achieved a "strong combination" of favourable timing and internal succession in its CEO announcement

** Brokerage says investors should expect a high degree of continuity in the transformation program with Finch's appointment

** In our view, this is sensible timing as it allows sufficient 'clear air' for new management to progress and own the next leg of strategy as the business model continues to evolve - Citi

** Stock fell 2.5% in 2025

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2607422437?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-29 04:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2607422437","market":"fut","top_or_hot":-1,"title":"BUZZ-Brokerages upbeat on Bank of Queensland tapping insider as next CEO","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Brokerages upbeat on Bank of Queensland tapping insider as next CEO</title></head><body><p>** Morningstar sees no wholesale change in strategy after Bank of Queensland <span>BOQ.AX</span> CEO Patrick Allaway steps down</p><p>** Regional bank on <span>Wednesday</span> announced current chief transformational officer Rod Finch to take over as CEO</p><p>** Investment research firm says Allaway's position was never expected to be long-term, after stepping in from his chair role to address regulatory issues and poor operating efficiency</p><p>** Adds Finch played a role in setting current strategy, which included converting owner-manager branches to corporate branches, hiring more business bankers and cutting operating costs</p><p>** Citi says co has achieved a \"strong combination\" of favourable timing and internal succession in its CEO announcement</p><p>** Brokerage says investors should expect a high degree of continuity in the transformation program with Finch's appointment</p><p>** In our view, this is sensible timing as it allows sufficient 'clear air' for new management to progress and own the next leg of strategy as the business model continues to evolve - Citi</p><p>** Stock fell 2.5% in 2025</p><p>(Reporting by Nikita Maria Jino in Bengaluru)</p><p>((Nikita.Jino@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Brokerages upbeat on Bank of Queensland tapping insider as next CEO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Brokerages upbeat on Bank of Queensland tapping insider as next CEO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-29 04:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Brokerages upbeat on Bank of Queensland tapping insider as next CEO</title></head><body><p>** Morningstar sees no wholesale change in strategy after Bank of Queensland <span>BOQ.AX</span> CEO Patrick Allaway steps down</p><p>** Regional bank on <span>Wednesday</span> announced current chief transformational officer Rod Finch to take over as CEO</p><p>** Investment research firm says Allaway's position was never expected to be long-term, after stepping in from his chair role to address regulatory issues and poor operating efficiency</p><p>** Adds Finch played a role in setting current strategy, which included converting owner-manager branches to corporate branches, hiring more business bankers and cutting operating costs</p><p>** Citi says co has achieved a \"strong combination\" of favourable timing and internal succession in its CEO announcement</p><p>** Brokerage says investors should expect a high degree of continuity in the transformation program with Finch's appointment</p><p>** In our view, this is sensible timing as it allows sufficient 'clear air' for new management to progress and own the next leg of strategy as the business model continues to evolve - Citi</p><p>** Stock fell 2.5% in 2025</p><p>(Reporting by Nikita Maria Jino in Bengaluru)</p><p>((Nikita.Jino@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MORN","symbol_name":"晨星信息","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260128:nL4N3YT2EA:1","article_id":"2607422437","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607422437","pubTimestamp":1769630466,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Brokerages upbeat on Bank of Queensland tapping insider as next CEO** Morningstar sees no wholesale change in strategy after Bank of Queensland BOQ.AX CEO Patrick Allaway steps down** Regional bank on Wednesday announced current chief transformational officer Rod Finch to take over as CEO** Investment research firm says Allaway's position was never expected to be long-term, after stepping in from his chair role to address regulatory issues and poor operating efficiency** Adds Finch played a role in setting current strategy, which included converting owner-manager branches to corporate branches, hiring more business bankers and cutting operating costs** Citi says co has achieved a \"strong combination\" of favourable timing and internal succession in its CEO announcement** Brokerage says investors should expect a high degree of continuity in the transformation program with Finch's appointment** In our view, this is sensible timing as it allows sufficient 'clear air' for new managemen","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MORN":"晨星信息","BK4598":"佩洛西持仓","LU2065731478.USD":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","BK7139":"区域性银行","BK4112":"金融交易所和数据","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","BOQ.AU":"BANK OF QUEENSLAND LTD"},"translate_title":"BUZZ-券商对昆士兰银行聘请内部人士担任下一任首席执行官持乐观态度","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOQ.AU":0.9,"MORN":0.9},"content_text":"BUZZ-Brokerages upbeat on Bank of Queensland tapping insider as next CEO** Morningstar sees no wholesale change in strategy after Bank of Queensland BOQ.AX CEO Patrick Allaway steps down** Regional bank on Wednesday announced current chief transformational officer Rod Finch to take over as CEO** Investment research firm says Allaway's position was never expected to be long-term, after stepping in from his chair role to address regulatory issues and poor operating efficiency** Adds Finch played a role in setting current strategy, which included converting owner-manager branches to corporate branches, hiring more business bankers and cutting operating costs** Citi says co has achieved a \"strong combination\" of favourable timing and internal succession in its CEO announcement** Brokerage says investors should expect a high degree of continuity in the transformation program with Finch's appointment** In our view, this is sensible timing as it allows sufficient 'clear air' for new management to progress and own the next leg of strategy as the business model continues to evolve - Citi** Stock fell 2.5% in 2025(Reporting by Nikita Maria Jino in Bengaluru)((Nikita.Jino@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607422437","isCrawlerRequest":true}