Former BOQ boss Jon Sutton named ScotPac CEO

Former BOQ boss Jon Sutton named ScotPac CEO

SME lender Scottish Pacific (ScotPac) has appointed the former boss of Bank of Queensland (ASX: BOQ) and Bankwest Jon Sutton (pictured) as its new chief executive officer today.

Sutton will take over the role from current CEO Peter Langham, who will be stepping into a non-executive board role.

The new ScotPac boss served as CEO of BOQ until late 2018 when he resigned due to health issues which are now resolved. Sutton was replaced by former Westpac executive George Frazis as the CEO of BOQ in June.

Sutton, who is also the former head of rural and agri banking at Commonwealth Bank (ASX: CBA), will commence in his role at ScotPac on 7 October.

"Jon's experience with SMEs and his passion to help business owners succeed make him a great addition to the ScotPac business," says outgoing CEO Langham.

"It's so important for businesses to find the right funding support we've seen that with the events of 2020, and it's a factor that's not going away."

Sutton also joined the advisory board of Gold Coast-based foreign exchange payments startup SendFX back in May.

"A man of Jon's calibre and experience could work with anyone, so we're proud that he has chosen to work with Send," said co-founder Paul Billing at the time.

"We're looking forward to tapping into his knowledge to help catapult Send's growth and product offering so we can provide even more value to our partners and clients."

Never miss a news update, subscribe here. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Business News Australia

Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Westpac breached Banking Code of Practice in NT branch closure, putting vulnerable customers at risk

Westpac breached Banking Code of Practice in NT branch closure, putting vulnerable customers at risk

The independent body tasked with keeping bank behaviour in check ha...

Cyber security consultancy CSO Group to merge with AI enabler xAmplify

Cyber security consultancy CSO Group to merge with AI enabler xAmplify

Sydney-based cyber security consultancy CSO Group is set to join fo...

Julian Assange will be freed after striking plea deal with US authorities

Julian Assange will be freed after striking plea deal with US authorities

Julian Assange has reached a deal with the United States Department...

Lygon Street brewery Alchemy calls it quits

Lygon Street brewery Alchemy calls it quits

As voluntary administrations (VA), restructurings and wind-up notic...