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February 23, 2010

Bank of Queensland (BOQ) has today announced the appointment of David Willis as a non-executive director.

With over 32 years of experience in financial services in the Asia Pacific, the UK and US under his belt, he was most recently employed as the CEO of HBOS Australia.

As a Chartered Accountant, Willis has held senior executive roles at Westpac, been managing director of Lloyd Bank Australia and a director of Southpac Corporation.

BOQs Chairman Neil Summerson says Willis’ extensive experience will complement the Board’s current skill set.

“Mr Willis brings a wealth of expertise to the BOQ Board including the responsibility for the strategic development of many reputable financial services organisations,” he says.

“He will be an asset to the Bank by enhancing the Board’s already impressive knowledge base and I am positive he will make a solid contribution to the Bank’s strategic growth and profitability.”

In a company statement issued to ASX today, Willis says it is BOQs position as a challenger to the major banks which attracted him to the company.

“Given my history in challenging the big four Australian banks, I was particularly keen to maintain a relationship with a challenger brand,” he says.

Today’s appointment follows the retirement of director Peter Fox in November, 2009.


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