DUBLIN May 17 Bank of Ireland has
appointed HSBC Holdings Plc executive Francesca
McDonagh as its new chief executive officer and said she would
succeed Richie Boucher who is to retire on October 2.
Boucher announced in March that he would retire before the
end of the year after almost a decade in charge of the bank he
guided from the brink of nationalisation to lead a revival
across the sector.
McDonagh, 42, is currently the head of retail banking and
wealth management, UK and Europe, for Europe's biggest bank
where she is responsible for all aspects of retail customer
service, channels and products, Bank of Ireland said.
"I am very pleased we have been successful in attracting a
person of the calibre and experience of Francesca. She has been
with HSBC for 20 years, during which time she has held a number
of senior leadership roles across seven different countries,"
Bank of Ireland chairman Archie Kane said in a statement.
(Reporting by Padraic Halpin. Editing by Jane Merriman)