Pernod Ricard chief to manage Bank of Ireland

THE joint managing director of international drinks company Pernod Ricard is to become the next Governor of the Bank of Ireland.

Bank of Ireland yesterday announced the appointment of Richard Burrows, aged 58, as governor-designate to become the next chairman of Ireland’s second largest bank by market capitalisation.

Mr Burrows, who is chairman of Pernod Ricard subsidiary Irish Distillers, will take up the position of governor at the end of the Annual General Court meeting in July, 2005 in succession to Laurence Crowley, aged 67, whose term expires at that stage.