Ms McDonagh joined Bank of Ireland in October 2017 as Group Chief Executive Officer having worked for HSBC for many years in a number of roles spanning various countries.
Commenting on Ms McDonagh’s resignation, the Minister stated:
“Bank of Ireland has prospered under Ms McDonagh’s leadership ensuring that the Bank continued to play its role as a vital supporter of economic growth and jobs in Ireland. She was instrumental in driving a change in culture within the Bank, seeing through the IT transformation programme, and also played a key role in helping customers and the country navigate their way through the recent Covid-19 crisis.
I would like to thank Ms McDonagh for her commitment and professionalism throughout her time in Bank of Ireland and wish her every success in the future”.
