Wednesday July 15, 2020

Analysis: New PTSB boss needs plan to lift the bank’s share price

As well as facing the challenges created by Covid-19 payment breaks, the incoming chief executive must find a way to boost lending

Ian Guider

Markets Editor

22nd June, 2020
Eamonn Crowley, the new chief executive of Permanent TSB, will have little time to settle into the role before facing some major challenges. Photo: Leah Farrell/

There’s little chance of a honeymoon period for Eamonn Crowley who takes control of the reins at Permanent TSB. The bank’s chief financial officer was confirmed as the replacement for Jeremy Masding, the outgoing chief executive, bringing an end to a protracted recruitment process.

No doubt the bank would have preferred to have Masding’s successor confirmed months ago.

Having received regulatory sign off, Crowley will need to hit the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The bank, owned by the German government following a collapse a decade ago, has appointed financial advisers from Barclays Bank’s Irish arm to seek expressions of interest

Ian Guider | 1 day ago

UK regulator is imposing reforms on British accounting firms after a series of scandals but their branches here do not intend to follow suit

Daniel Murray | 5 days ago

The rapid digital shift resulting from lockdown measures to combat Covid-19 suggests that the pace of change in the banking sector may take everyone by surprise

Xavier Vives | 5 days ago