Moran to step down as IFG chairman

Joe Moran is to step down as chairman of financial services group IFG later this year, having held the role since the formation of the business in 1989.

Addressing the company’s AGM in Dublin yesterday, Mr Moran said it would be his final appearance at the annual shareholders’ meeting in the guise as chairman. IFG’s management will be beginning its search for a new chairman in the coming months.

Shareholders were also given an upbeat forecast, with management saying it remains confident on its performance outlook for the remainder of the year and beyond.