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

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Business success comes from thinking inside the box for TAXIBOX founder
Partner Content
On a first glance, the world of storage solutions might not seem particularly exciting ...
TAXIBOX
Advertisement

Related Stories

Space beer, crops and embryos: Saber unveils plans for International Space Station mission

Space beer, crops and embryos: Saber unveils plans for International Space Station mission

Australian space engineering company Saber Astronautics has today u...

Will philosophy and ‘counterfactuals’ help us unlock the mysteries of AI?

Will philosophy and ‘counterfactuals’ help us unlock the mysteries of AI?

Artificial intelligence is increasingly being rolled out all around...

ACCC launches probe into misleading social media influencer posts

ACCC launches probe into misleading social media influencer posts

Australia's consumer watchdog is cracking down on social media ...

Takeover talks reignited between Tyro and Potentia Capital

Takeover talks reignited between Tyro and Potentia Capital

Talks of a potential takeover are back on between Sydney-based Tyro...