Account balance: as Francesca McDonagh moves on, she leaves behind a mixed legacy

Bank of Ireland’s outgoing chief executive pushed hard to have crisis-era bankers’ pay caps removed, but failed. She is now moving on to a new role herself, leaving behind a bank that is healthy enough to be returned to private ownership, but has yet to properly compete with new online rivals

Francesca McDonagh, chief executive of Bank of Ireland: her tenure has not been without controversy. Picture: Naoise Culhane