Molloy to become new BoI chairman

Seventy-one year-old Pat Molloy will take over as chairman of Bank of Ireland when Richard Burrows stands down next month.

Seventy-one year-old Pat Molloy will take over as chairman of Bank of Ireland when Richard Burrows stands down next month.

The appointment is officially being made by the National Pension Reserve Fund, which is investing €3.5bn in Bank of Ireland at the behest of the Government.

The investment is designed to help the bank survive the crisis in the financial system.

Mr Molloy has previously been chairman of the building materials firm CRH and the Government's business promotion agency Enterprise Ireland.

More in this section

Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.

Let Me Tell You

Let Me Tell You is a new bespoke podcast series from 

Logo IE

Hosts Daniel McConnell and Paul Hosford take a look back at some of the most dramatic moments in recent Irish political history from the unique perspective of one of the key players involved.

Bespoke political podcast series from

Logo IE