Bank of Ireland names HSBC’s Francesca McDonagh as chief

Bank of Ireland has looked outside the country to appoint Francesca McDonagh —who holds one of the most senior jobs in Britain and Europe at HSBC.

Her appointment as chief executive will mark the first time a woman has led a major Irish bank.

She takes over in October from Richie Boucher, who announced earlier this year that he planned to leave the bank after 14 years.