Monday January 27, 2020

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

24th September, 2017
Francesca McDonagh made her name at HSBC, but now steps into the shoes of Richie Boucher at Bank of Ireland Picture: Rex

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 corporate world, a...

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