BOI reshuffles management team

BANK OF IRELAND announced changes to its senior management team which will see the head of its retail business in Ireland moving to Britain.

Des Crowley, currently chief executive of Retail Financial Services Ireland (RFSI), has been appointed chief executive of UK Financial Services (UKFS).

Richie Boucher, chief executive of corporate banking, will replace Mr Crowley as RFSI chief executive. Mr Boucher will also join the group executive committee.

These changes take place with effect from January 1 next year. Roy Keenan, chief executive UKFS, concludes his temporary secondment in that role on December 31. He will work on group projects in Dublin with the group chief executive, Brian Goggin, in the first quarter of next year and will retire on March 31 next.