Masding named as IL&P chief

FORMER Barclays Bank executive, Jeremy Masding has been appointed chief executive of the enlarged banking division of Irish Life & Permanent (IL&P).

Mr Masding will — as of late February — head up Irish Life & Permanent plc, the soon to be stand-alone banking entity which will still trade as Permanent TSB.

Although officially a new role, Mr Masding will technically replace David Guinane — who is leaving the group — as head of Permanent TSB.