AIB's CFO Donal Galvin to step down

Executive Director will remain in the role to ensure a smooth handover

AIB Chief Financial Officer Donal Galvin pictured with Chief Executive Officer Colin Hunt.  Picture:  Fintan Clarke, Coalesce.

AIB's Chief Financial Officer and Executive Director Donal Galvin is to step down from his role to pursue other business opportunities.

He stepped down from the Board with effect from yesterday, but will remain with the Group for the handover of responsibilities, including the announcement of the half-year results, scheduled for July 30. AIB said a process to appoint his successor will commence immediately.

He joined the Group in September 2013 as Group Treasurer and was appointed to the role of Chief Financial Officer and member of the Executive Committee in March 2019, and as an Executive Director in May 2021.

Colin Hunt, Chief Executive Officer, said: “Donal has made a significant contribution to the Group during his 13 years with AIB. He played a key role in the return of AIB to full private ownership and the repayment of €21bn to the Irish State."

"He has greatly advanced the financial resilience and capital strength of the Group. He has been a highly valued colleague to me and other members of the Executive Leadership Team and Board and, on behalf of all of us at AIB, I wish Donal the very best for his future endeavours.” 

Donal Galvin, Chief Financial Officer said he greatly enjoyed his time with AIB and playing his part in the restoration of the institution in Ireland. 

"The time is right for me personally to pursue other career opportunities, and I am pleased to leave AIB in such a strong financial position. It has been a privilege to serve on the Board and to work with such talented and committed colleagues over my career with the Group. I wish my colleagues, the Board and the Group every success in the future.”