What will new chief executive Francesca McDonagh mean for Bank of Ireland?
The surprise decision to appoint McDonagh as successor to Richie Boucher as chief executive of Bank of Ireland reflects changes in the bank and in banking itself
If half of the country’s bankers have been focusing on Project Viking, the codename for the sale of AIB, then the other half have been focusing on the battle to succeed Richie Boucher as chief executive of Bank of Ireland.
The choice of 42-year-old Francesca McDonagh stunned both insiders and outsiders. Other foreign-based bankers with Irish roots had been flagged up as a potential replacement. Nobody considered HSBC’s head of retail and wealth ...
