PTSB boss’s departure spells end of an era

Jeremy Masding spent most of his seven years in charge of Permanent TSB putting out fires. But when he goes, what next for the bank?

27th October, 2019

To lose one senior banker in an afternoon may be regarded as a misfortune; to lose two looks like carelessness. As of Friday, the crowded departure lounge for Irish bankers now has two more denizens. Jeremy Masding signalled his intention to step down as chief executive of Permanent TSB next year, while AIB’s chairman Richard Pym also intends to go in early 2020.

Pym’s exit is easier to explain, and he is probably easier...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Nadine O’Regan: The reality of vaccinated people is not mine

Emer McLysaght: Words of wisdom from a misguided geography nerd

Ian Guider: G7 edict is a chance for Ireland to change course and develop some global champions of our own

Companies Ian Guider 4 days ago

Elaine Byrne: The West’s ‘vaccine nationalism’ is an arrogant and dangerous game