Permanent TSB Group Holdings PLC Appointment of Chief Executive Officer (6233Q)
22 Junio 2020 - 04:00AM
UK Regulatory
TIDMIL0A TIDM73HR
RNS Number : 6233Q
Permanent TSB Group Holdings PLC
22 June 2020
Statement By Permanent TSB Group Holdings plc
Permanent TSB plc (trading as Permanent TSB) is a wholly owned
subsidiary of Permanent TSB Group Holdings plc.
Permanent TSB Group Holdings plc. (the Company) is pleased to
announce the appointment of Mr. Eamonn Crowley as Chief Executive
Officer (CEO) effective immediately. Mr. Crowley is currently the
Company's Chief Financial Officer (CFO) and a Board Executive
Director. The Company confirms the regulatory fitness and probity
assessment process and consultation with the Minister for Finance
in Ireland has also completed.
Mr. Jeremy Masding has stepped down as CEO. He will remain as a
Board member until his departure from the Company on the 01(st)
July 2020.
Mr. Crowley is an experienced business leader, having held a
number of senior executive roles prior to joining Permanent TSB in
2017, including; Chief Financial Officer of Bank Santander Poland
and Chief Operating Officer of AIB's Central and Eastern Europe
Division.
Speaking today, the Company's Chairman, Robert Elliott said;
'Following an extensive selection process, I am delighted to
announce the appointment of Eamonn Crowley to the role of CEO. Over
the last three years, Eamonn has made an enormous contribution to
the Bank in his role as CFO, and as a member of the Executive
Committee and Board. Given his breadth of experience and in-depth
knowledge of the Bank, I have no doubt that he will successfully
lead Permanent TSB through the current Covid-19 crisis and
beyond.'
Commenting on his appointment today, Eamonn Crowley said: 'I am
pleased to take on this role as CEO and to continue my journey with
my Bank colleagues and the Board. My immediate priority will be to
navigate the impact of Covid 19 on our customers and on the Bank
itself over the coming months. Looking further ahead, I will draw
inspiration from Permanent TSB's 200 year history in communities up
and down the country and embrace that positive heritage to connect
in really meaningful ways with our customers. I am committed to
working hard every day to build trust with our customers and
continuing to evolve banking culture for the better.'
For an interim period, and pending the appointment of a new CFO,
Mr. Crowley will continue to perform the Company's Chief Financial
Officer duties. The CFO recruitment process has commenced,
supported by international search firm Heidricks &
Struggles.
Ends
For further information, please contact:
Nicola O'Brien Leontia Fannin Conor Ryan
Head of External Head of Corporate Affairs Company Secretary
Reporting & Investor & Communications
Relations leontia.fannin@permanenttsb.ie conor.ryan@permanenttsb.ie
Nicola.OBrien@permanenttsb.ie +353 87 973 3143 +353 1 6695394
+353 87 1482275
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END
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