Stuart Grimshaw, CEO of BOQ
Morgans Fixed Interest Analyst James Lawrence spoke to Stuart Grimshaw, Chief Executive Officer of Bank of Queensland (BOQ), following the bank's announcement of a new Convertible Preference Share Offer.
Mr Grimshaw, who joined BOQ as CEO and Managing Director in November 2011, outlines what attracted him to the company, provides background on the new management team and details the outlook for the next two years.
Bank of Queensland Limited (BOQ) intends to raise $200 million through the issue of Convertible Preference Shares.
The Offer includes a priority re-investment offer to all BOQ Perpetual Equity Preference Share (BOQPC) holders, as well as a facility to subscribe for a new allocation of CPS.