ScotPac names finance industry veteran as new CEO
Scottish Pacific (ScotPac) is pleased to announce the appointment of Jon Sutton as chief executive officer. Sutton will take over from current chief executive officer Peter Langham, who steps into a non-executive board role.
Sutton is a finance industry veteran with almost three decades of experience including CEO and managing director roles at Bank of Queensland and Bankwest.
He most recently served as chief executive officer at Bank of Queensland, resigning in late 2018 due to now-resolved health issues. He is a former head of rural and agri banking at Commonwealth Bank.
Sutton oversaw Bank of Queensland’s redirection including the “It’s possible to love a bank” campaign. He focused on expanding business banking and specialised in looking after SMEs in certain industry sectors.
In recent years Sutton has provided his expertise and leadership to helping businesses deliver success, via roles as Chairman of BNK board of directors (appointed in 2019) and as an Advisory Board member for FinTech SendFX (appointed in early 2020).
Sutton will start his leadership role at ScotPac on 7 October 2020.
“Jon’s experience with SMEs and his passion to help business owners succeed make him a great addition to the ScotPac business,” according to 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. I’m excited to take up the role at ScotPac as we expand on how we can provide business owners with simple, fast funding products that offer them the best chance at success,” Sutton said.
