Banking on Francesca
18th May 2017
Bank of Ireland Group has announced the appointment of Francesca McDonagh as Group Chief Executive Officer (CEO). She will succeed Richie Boucher who steps down later this year. Francesca McDonagh will also take up the position of Executive Director on the Board of the Group on October 2nd, 2017.
Francesca McDonagh joins Bank of Ireland from HSBC where she is Head of Retail Banking and Wealth Management, UK and Europe. In this role, she is responsible for all aspects of retail customer service, channels, products and segments of HSBC’s three brands of HSBC Plc, M&S Bank and first direct.
Commenting on her recent appointment, the Governor of the Bank of Ireland Archie Kane said: “The Board conducted a thorough search and from a strong field selected this exceptional candidate. I am very pleased that we have been successful in attracting a person of the calibre and experience of Francesca to the Group. She has been with HSBC for 20 years, during which time she has held a number of senior leadership roles in the bank across seven different countries. We very much look forward to working with her over the coming years as she leads the bank and its experienced management team into the next phase of its development.”