Smooth start amid uncertain future

Less than a year ago, Jeremy Masding took over as CEO of Permanent TSB. While the bank is a long way off viability, restructuring is under way and Masding has got off to a relatively smooth start, writes Kyran Fitzgerald

Jeremy Masding took over as CEO of the standalone Permanent TSB less than a year ago.

His task: to shepherd back to viability a bank with a perilous funding position, a growing bad debt book, and a furious customer base.