Appointment of Board Chairperson Designate

RNS Number : 9764M

Permanent TSB Group Holdings PLC

17 January 2023

 

Permanent TSB Announce Appointment of Board Chairperson Designate

17 January 2023

On 26 January 2022, Permanent TSB Group Holdings plc. (the Bank) announced the Chairperson of the Board Mr. Robert Elliott would step down from his role when his six year term as Chairperson ended in March 2023 and that the Bank had commenced a process to identify and select a new Chairperson with the support of an executive search firm.

The Bank is pleased to announce the appointment of Julie O'Neill as Chairperson of the Board following a comprehensive and competitive selection process. The appointment will take effect from 31^st March 2023 when current Chairperson Robert Elliott retires. Prior to her appointment as Chairperson, Julie will join the Board as an Independent Non-Executive Director with immediate effect. 

Julie is an accomplished business leader with extensive executive and board experience, having held a number of senior government positions, including Secretary General of both the Department of Transport and the Department of Marine and Natural Resources and holds/held a number of other prominent Non-Executive Director roles, including: Chairperson of the Convention Centre Dublin, XL Insurance Company SE, AXA Life Europe and Ryanair Group plc (from which she retired in September 2022 after a 9 year tenure).  

Julie previously served a six-year term on the Permanent TSB Group Holdings plc Board (2014 to 2020) as an Independent Non-Executive Director, the latter 4 years as the Board's Senior Independent Director.  During this period she played a significant role as a Board member in guiding positive transformation of the Bank.  

Commenting on today's announcement, Eamonn Crowley Permanent TSB CEO said 'I would like to congratulate Julie on her appointment and look forward to working with her in the months and years ahead. Julie's extensive business experience and in-depth knowledge of the Bank and wider industry will be invaluable as we further transform and grow the Bank.'

Commenting on her appointment today, Julie O'Neill said: 'I am delighted to be taking up the role of Permanent TSB Chairperson. Permanent TSB is uniquely positioned in the Irish market to provide something different for customers and the economy and I look forward to working with the Board, Eamonn and the wider team to deliver on the Bank's ambition to become Ireland's best personal and small business bank.'

Ends

For further information, please contact: Leontia Fannin, Head of Corporate Affairs and Communications [e-mail] |087 9733143

 

END

 

 

BOAUBUKROAUAARR