REG - Bank of Ireland Grp - Directorate Change

Bank of IrelandAnnouncement

09/05/2025 15:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250509:nRSI1322Ia&default-theme=true

RNS Number : 1322I  Bank of Ireland Group PLC  09 May 2025

 

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

(together "Bank of Ireland")

Change in Directorate

9 May 2025

_________________________________________________________________________________

Bank of Ireland announces that Richard Goulding will retire as an Independent
Non-Executive Director on 31 December 2025, having served on the Board since
July 2017.

During his tenure on the Board, Richard has served as a member of five of the
six Board Committees and as Chair of the Board's Risk and Audit Committees. He
has also served as the Deputy Chair and Senior Independent Director since
January 2021. Richard was appointed as a Group nominee on the Board of Davy
and as Chair of its Remuneration Committee following the acquisition of Davy
by Bank of Ireland in 2022 and will step down from that role also on 31
December 2025.

Michele Greene, who joined the Board in December 2019, will succeed Richard as
the Deputy Chair and Senior Independent Director on 1 June 2025. Michele will
step off the Transformation Oversight Committee and join the Nomination &
Governance Committee alongside Richard at that time.

The successor to Richard as the Board's Audit Committee Chair will be
announced once succession related approvals have concluded. Other committee
membership rotations also taking place on 1 June 2025, in line with the
Group's succession plan, include:

·    Ian Buchanan steps off the Risk Committee and joins the Nomination
& Governance Committee.

·    Akshaya Bhargava joins the Remuneration Committee.

·    Margaret Sweeney joins the Transformation Oversight Committee.

Bank of Ireland Chairman, Mr. Akshaya Bhargava, acknowledged Richard's
contribution to the Board since his appointment in 2017, saying that "Richard
has made a substantial contribution to the Group across the wide range of
roles held during his tenure. His deep experience, thoughtful analysis and the
rigour with which he approached his duties have left a lasting impact on the
Board and colleagues at both Bank of Ireland and Davy."

A number of succession activities are underway in line with the Board's
succession plan and related diversity targets, and announcements will be made
on the conclusion of related approval processes.

This announcement is made in accordance with Rule 6.1.5 of the Euronext Dublin
Listing Rules and Rule 6.4.6 of the London Stock Exchange's Listing Rules.

Ends

For further information please contact:

Bank of Ireland

 Mark Spain, Group Chief Financial Officer                             +353 1 2508900 ext 43291
 Sarah McLaughlin, Group Secretary                                     +353 87 4315242
 Eamonn Hughes, Chief Sustainability & Investor Relations Officer      +353 87 2026325
 Damien Garvey, Director Group External Communications                 +353 86 8314435

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAKZGGKFLMGKZM