Bank of Ireland(Governor&Co) Appointment of new Group CEO (4705F)
May 17 2017 - 11:15AM
UK Regulatory
TIDMBKIR
RNS Number : 4705F
Bank of Ireland(Governor&Co)
17 May 2017
The Governor and Company of the Bank of Ireland (the "Bank")
Bank of Ireland Group Announces Appointment of new Group CEO
17 May 2017
Bank of Ireland Group is pleased to announce the appointment of
Ms Francesca McDonagh as Group Chief Executive Officer (CEO). She
will succeed Richie Boucher who steps down later this year. Ms
McDonagh will also take up the position of Executive Director on
the Board of the Group on 2 October 2017.
Ms McDonagh (42) joins Bank of Ireland from HSBC where she is
Head of Retail Banking and Wealth Management, UK and Europe. In
this role, she is responsible for all aspects of retail customer
service, channels, products and segments of HSBC's three brands of
HSBC Plc, M&S Bank and first direct.
Commenting on Ms McDonagh's appointment, the Governor of the
Bank of Ireland Archie Kane said:
"The Board conducted a thorough search and from a strong field
selected this exceptional candidate. I am very pleased that we have
been successful in attracting a person of the calibre and
experience of Francesca to the Group. She has been with HSBC for 20
years, during which time she has held a number of senior leadership
roles in the bank across seven different countries. We very much
look forward to working with her over the coming years as she leads
the bank and its experienced management team into the next phase of
its development."
Commenting on Richie Boucher's time as Group CEO of Bank of
Ireland Archie Kane said:
"Richie has been an outstanding success at Bank of Ireland, and
leaves the Bank in a much stronger position than he inherited when
he took up the role of CEO in February 2009. On behalf of the
Board, I would like to express our sincere appreciation."
There were no details requiring disclosure for Ms McDonagh under
paragraph 6.6.7 (2) to (6) of the Listing Rules.
Ends
For further information please contact:
Bank of Ireland
Alan Hartley Director of Group Investor Relations +353 (0)766 23
4850
Pat Farrell Head of Group Communications +353 (0)766 23 4770
This information is provided by RNS
The company news service from the London Stock Exchange
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