Bank of Ireland today announces that Myles O’Grady intends to step down as Group Chief Financial Officer and Executive Director of Bank of Ireland Group plc. He is taking up a senior finance role in an organisation outside the financial services sector.

Mr O’Grady is expected to leave Bank of Ireland in March 2022 and a process to appoint his successor will now commence. In the meantime, he will remain in role for the coming months.

Mr O’Grady joined Bank of Ireland in June 2019 as Finance Director Ireland and was appointed CFO in October 2019 and a member of the Board in January 2020.

Bank of Ireland’s Group Chief Executive, Francesca McDonagh, said

“Since joining Bank of Ireland, Myles has provided exceptional financial leadership to the Group. He has helped steer the Bank through the COVID-19 pandemic, overseeing a return to profitability in the first half of 2021. I want to personally thank Myles for his unwavering support and wish him the very best for his future.

Bank of Ireland Chairman, Patrick Kennedy, added

“For the last two years, Myles has been an integral part of the Bank of Ireland Board and Group Executive team. His focus on growth and strong cost discipline has enhanced the Group’s long-term sustainability. I wish him well for the future.”