Bank of Ireland Group PLC - Dublin-based lender - Chief Executive Officer Francesca McDonagh to step down from role with effect in September, after five years in the role since 2017.

The bank has commenced the search for a successor.

‘Francesca has been an exceptional chief executive of Bank of Ireland. Since taking up the position in 2017, she has driven - with ambition and commitment - a clear strategic focus on transformation, service improvement, and business growth. Along with agreeing two transformative acquisitions, she has delivered a more efficient, digitally-enabled, customer-focussed and profitable bank,’ says Chair Patrick Kennedy.

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