An open letter to the new boss of BoI
Francesca McDonagh will find her in-tray overflowing with tasks, some of them more onerous than others
Dear Francesca,
You are in transition from the HSBC Group to Bank of Ireland. You must be delighted to be taking on the challenge of running a major plc- even if it is only one-20th the size of HSBC in terms of its stock market value.
While Bank of Ireland cannot compete with HSBC on its global spread across 70 countries and five continents, you will nonetheless be at the pinnacle of Ireland’s ...