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Bank of Queensland appoints new COO, CFO

Bank of Queensland Ltd. has made changes to its executive leadership.

As part of the changes, Anthony Rose, the group's CFO, will assume the newly created role of COO. In his new role, Rose will be responsible for steering the bank's response to industry and regulatory change and driving operational improvements.

Matt Baxby, group executive for retail banking, will replace Rose as CFO.

The appointments are effective May 14.

Lyn McGrath was named group executive for retail banking, effective Aug. 1, replacing Baxby. McGratch was previously executive general manager for wealth management advice at Commonwealth Bank of Australia.