REG - Bank of Ireland Grp - Directorate Change

Bank of IrelandAnnouncement

12/01/2024 15:00

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RNS Number : 5872Z  Bank of Ireland Group PLC  12 January 2024

The Governor and Company of the Bank of Ireland and Bank of Ireland Group plc

(together "Bank of Ireland")

 

Change in Directorate and Director Responsibilities

 

12 January 2024

_________________________________________________________________________________

 

Bank of Ireland announces the appointment of Mr Akshaya Bhargava as an
Independent Non-Executive Director to the Board of Bank of Ireland Group plc
and the Court of Directors of The Governor and Company of the Bank of Ireland
with immediate effect.

 

Mr Bhargava also joins the Risk and Transformation Oversight Committees.

 

Throughout his career, Mr Bhargava has developed extensive experience across
fintech, wealth management, broader international financial services, and
transformation and change. He has founded a number of companies, including
Bridgeweave, a fintech firm that uses AI models to provide institutional
quality research signals and investment ideas to self-directed equity
investors, where he currently serves as Executive Chair. He was previously the
CEO, Global Wealth and Investment Management, at Barclays plc.

 

Mr Bhargava has previously served as a director on the boards of Wealthify
Group Limited, Mindtree Limited, Barclays Asset Management Limited, Vahanna
LLC, and Avendus Wealth Management.

 

In his earlier career, Mr Bhargava spent 22 years, to 2002, in a number of
roles with Citibank, including Chair and Country Manager, Czech Republic. In
2002 he was the founding CEO of Infosys BPO Ltd (formerly known as Progeon
Ltd) leading the company to sale in 2006, providing a significant return to
investors. He served as the CEO of Mitsubishi UFG (formerly known as
Butterfield Fulcrum Group) from 2007 to 2010, prior to its acquisition by
MUFG. He also founded and served as CEO of State Street Managed Account
Services (formerly known as InfraHedge Ltd) from 2010 to 2014, prior to its
acquisition by State Street Bank and Trust in 2013.

 

Patrick Kennedy, Bank of Ireland Chairman, commented: "I am delighted to
welcome Akshaya to Bank of Ireland and look forward to working with him. I
know the Board will benefit from Akshaya's extensive fintech, wealth
management and broader financial services experience, and entrepreneurial
mindset."

 

This disclosure is made in accordance with Euronext Listing Rule 6.1.64 and
London Stock Exchange Listing Rule 9.6.11.

 

For further information please contact:

Sarah McLaughlin, Group Secretary, +353 87 4315242

 

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