The rank outsiders taking their fields
New Bank of Ireland chief, Francesca McDonagh, is the latest in a line of high-ranking figures bringing expertise to Irish corporate life from outside the system. The Garda should take note
The appointment of Francesca McDonagh as the new Bank of Ireland chief executive is a continuation of the outsider policy initiated by the regulatory, banking and oversight sectors since the crash.
The depths of the Irish recession forced Irish corporate life to wholeheartedly embrace those who contradicted the definition of insider. That deliberate choice was one of absolute necessity. The survival of corporate reputations required bold decisions.
The bank’s first female chief executive in its...
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