Bank of Ireland’s new chief vows to rebuild credibility

THE new chief executive of Bank of Ireland Richie Boucher has vowed torebuild a strong bank to play a very significant role in the economy.

Mr Boucher’s appointment was announced yesterday after the markets closed. The bank had been looking for a replacement for former chief executive Brian Goggin who said he was retiring last month. It is not yet known how much Mr Boucher will be paid.

Mr Goggin had initially been expected to step down in the summer but Bank of Ireland said Mr Boucher will take up his appointment immediately.