AIB corporate banking manager to join Ulster Bank

Ulster Bank has appointed Robert Gallagher as chief executive of the Bank's Corporate & Financial Markets (CBFM) with responsibility for Northern Ireland and Republic of Ireland.

Mr Gallagher succeeds John McNally, who will be retiring after 38 years service with Ulster Bank Group.

Mr Gallagher is presently general manager of AIB Corporate Banking International and has been with AIB Capital Markets since 1990. Prior to this he was with Citigroup in Australia.

Cormac McCarthy, chief executive, Ulster Bank Group said: “His appointment reinforces Ulster Bank’s commitment to our Corporate and Business Banking division.”

His appointment commences with Ulster Bank Group in September.

Ulster Bank Group is a wholly owned subsidiary of the Royal Bank of Scotland Group, the second largest bank in Europe and the fifth largest in the world by market capitalisation.

Following the acquisition of First Active in January 2004, and together with Ulster Bank, the enlarged Ulster Bank Group consists of 272 branches, more than 1.5 million customers and approximately 5,400 staff.