Directors

• Pat Molloy

  Governor

  Pat was Group Chief Executive Officer of the Bank from 1991 to 1998. He subsequently served as a non-executive Director from 1998-2001. He has served as a non-executive Director on the Boards of CRH plc, Eircom plc, Waterford Wedgewood plc and Enterprise Ireland. He was Chairman of Enterprise Ireland and CRH plc.

  Pat has extensive experience of Bank of Ireland and the financial services industry having served as Group Chief Executive Officer of the Bank from 1991 to 1998. He gained experience in finance, risk management, multinational financial reporting and corporate strategic development through membership of the boards of CRH plc, Eircom plc and Waterford Wedgewood plc. He is a Fellow of the Institute of Bankers.

  Term of Office: 
  Appointed to the Court in June 2009 and Governor in July 2009 (2.5 years).

  Independent: 
  On appointment

  External Appointments include:
  Chairman of Blackrock Hospital Limited, Chairman of the Hugh Lane Gallery Trust and member of the Board of the Dublin Adult Learning Centre.

  Committee Appointments include:
  Chairman of the Group Nomination and Governance Committee since July 2009 (2.5 years) and member of the Group Remuneration Committee since July 2009 (2.5 years).

• Kent Atkinson

  Non Executive Director

  Kent was Group Finance Director of Lloyds TSB Group between 1994 and 2002. Prior to that he held a number of senior executive appointments in Retail Banking with Lloyds, including Regional Executive Director for their South East region and worked for twenty two years in South America and the Middle East with the Group.

  Kent has significant experience as a non-executive Director across a range of international companies serving currently as a member of the Boards of UK Asset Resolution Limited (which includes Bradford & Bingley plc and Northern Rock (Asset Management) plc), Coca-Cola Hellenic Bottling Company S.A. and Gemalto N.V. and formerly as a member of the boards of Standard Life plc, Telent plc (previously Marconi Corporation plc), Cookson Group plc and Millicom
  International Cellular S.A.. Through these entities he has also gained significant governance, risk management and financial oversight experience having acted in the capacity of Senior Independent Director with three of those companies, a
  member of all seven Audit Committees and Chair of five and been a member of two Remuneration Committees, three Risk Committees, one Nominations Committee and one Strategy and M&A Committee.

  Term of Office:
  Appointed to the Court in January 2012 (0 years).

  Independent:
  Yes

  External Appointments include:
  Member of the Board of UK Asset Resolution Limited (which includes Bradford & Bingley plc and Northern Rock (Asset Management) plc, where he is the Senior Independent Director.  Chair of the Audit Committee and a Member of the Risk
  Committee. Member of the board of Coca-Cola Hellenic Bottling Company S.A. where he is the Senior Independent Director and Chair of the Audit Committee. Member of the Board of Gemalto N.V. where he is a member of the Audit
  Committee and a member of the Strategy and M&A Committee.

  Committee Appointments include:
  Member of the Group Audit Committee since January 2012 (0 years) and the Court Risk Committee since January 2012 (0 years).

• Richie Boucher

  Group Chief Executive

  Richie was appointed Group Chief Executive Officer in 2009.  He joined the Group as Chief Executive, Corporate Banking in December 2003 from Royal Bank of Scotland. He was appointed Chief Executive, Retail Financial Services Ireland in January 2006. He is a past President of the Institute of Bankers in Ireland (2008) and of the Irish Banking Federation (2006).

  Richie has over thirty years’ experience in all aspects of financial services. He has held a number of key senior management roles within the Bank of Ireland, Royal Bank of Scotland and Ulster Bank through which he has developed extensive leadership, strategy development, financial, people, operational and risk management skills. He is a Fellow of the Institute of Bankers.

  Term of Office:
  Appointed to the Court in October 2006 (5.5 years) and appointed Chief Executive Officer in February 2009 (3 years).

  Independent:
  No

  External Appointments include:
  None
   

  Committee Appointments include:
  None

• Pat Butler

  Non Executive Director

  Pat is a partner of the Resolution Group, a financial services investment firm. Prior to this he spent twenty five years with McKinsey & Co., where he was a senior director and led the firm’s UK Financial Services Practice and its EMEA Retail Banking Practice. At McKinsey, he worked with banks, insurance companies and asset managers in the UK, US, Australia, South Africa, Middle East and several European countries – as well as a range of companies outside financial services – on issues of strategy, operations and organisation.

  Pat brings to the Board extensive strategic experience in a broad range of industries with an international profile, and an in-depth strategic and operational knowledge of the European and International Banking sector in particular. He is a Fellow of the Institute of Chartered Accountants in Ireland.

  Term of Office:
  Appointed to the Court in December 2011 (0 years).

  Independent:
  Yes

  External Appointments include:
  None

  Committee Appointments include:
  Member of the Group Nomination and Governance Committee since December 2011 (0 years) and Court Risk Committee since December 2011 (0 years).

• Tom Considine

  Non-Executive Director

  Tom is a former Secretary General of the Department of Finance and a former member of the Advisory Committee of the National Treasury Management Agency. He was also formerly a board member of the Central Bank and Financial
  Services Authority of Ireland and former member of the Council of the Economic & Social Research Institute.

  Tom was nominated as a director of the Bank by the Minister for Finance under the terms of the Credit Institutions (Financial Support) Scheme, 2008 and consequently was not required to stand for election or regular re-election by stockholders. While, at the time of nomination, a description of the skills and expertise brought to the Board by this appointment was not provided by the Government, his experience was apparent from the roles he had held and the Court notes the value and benefit gained from Tom’s membership of the Court and its Committees through his judgement and quality of contribution.

  Tom has extensive experience in the public service, including at the most senior level in the Department of Finance and representing Ireland at European Union level. He has experience in finance at a strategic level, financial regulation, fiscal policy and risk management. As a former Secretary General of the Department of Finance and board member of the Central Bank and Financial Services Authority, he has a broad experience of the wider macroeconomic environment and related policy issues. He is a Fellow of the Association of Chartered Certified Accountants.

  Term of Office:
  Appointed to the Court in January 2009 (3 years)

  Independent:
  No

  External Appointments include:
  President of the Institute of Public Administration

  Committee Appointments include:
  Chairman of the Court Risk Committee since July 2009 (2.5 years) and a member of the Group Audit Committee since January 2009 (3 years).

• Patrick Haren

  Non Executive Director

  Patrick is a former Chief Executive Officer of the Viridian Group, having joined Northern Ireland Electricity (NIE), in 1992 as Chief Executive Officer. He previously worked with the ESB, including as Director, New Business Investment, ESB and also served as a board member of Invest Northern Ireland for a number of years.

  An experienced Chief Executive Officer, Patrick has gained extensive strategic, corporate development and transactional experience, having led the privatisation of NIE by IPO in 1993 and growing the business under the new holding company
  Viridian through 2000 to 2007, positioning the company as the market leader in independent electricity generation and supply in competitive markets in Ireland, North and South.

  Term of Office:
  Appointed to the Court in January 2012 (0 years)

  Independent:
  Yes

  External Appointments include:
  None

  Committee Appointments include:
  Member of the Group Audit Committee since January 2012 (0 years) and Group Remuneration Committee since January 2012 (0 years).

• Andrew Keating

  Group Chief Financial Officer

  Andrew joined the Group in 2004, prior to which he held a number of senior finance roles, including Chief Accountant, with Ulster Bank, having qualified as a Chartered Accountant with Arthur Andersen in Dublin and Brisbane. Prior to his appointment as Group Chief Financial Officer, Andrew held a number of executive finance roles including Director of Group Finance and Director of Group Finance Services.

  Andrew is an experienced finance professional having worked for fourteen years in senior finance and leadership roles in Bank of Ireland and Ulster Bank. He has an expert knowledge of financial reporting and related regulatory and governance requirements. He is a Fellow of the Institute of Chartered Accountants in Ireland.

  Term of Office:
  Appointed to the Court in February 2012 (0 years).

  Independent:
  No

  External Appointments include:
  None

  Committee Appointments include:
  None

• Patrick Kennedy

  Non-Executive Director

  Patrick is Chief Executive of Paddy Power plc having been appointed in 2006. He has served as an Executive Director of Paddy Power plc since 2005 and a non-executive Director since 2004, during which time he served as Chairman of the Audit Committee. He has been a member of the Risk Committee of Paddy Power plc since 2006. Prior to joining Paddy Power, Patrick worked at Greencore Group plc for seven years, where he was Group Chief Financial Officer and also held a number of senior strategic and corporate development roles. Patrick also worked with KPMG Corporate Finance in Ireland and the Netherlands and as a strategy consultant with McKinsey & Company in London, Dublin and Amsterdam.

  As an experienced Chief Executive Officer and Finance Director, Patrick brings to the Board a background in international business, management, finance, corporate transactions, strategic development and risk management through his involvement in Paddy Power plc, Elan Corporation plc (where he is Chairman of the Leadership, Development and Compensation Committee), Greencore Group plc and McKinsey & Company. He is a Fellow of the Institute of Chartered Accountants in Ireland.

  Term of Office:
  Appointed to the Court in July 2010 (1.5 years).

  Independent:
  Yes

  External Appointments include:
  Chief Executive of Paddy Power plc since 2006. Non executive Director of Elan Corporation plc.

  Committee Appointments include:
  Member of the Group Remuneration Committee since January 2011 (1 year) and Court Risk Committee since January 2011 (1 year).

• Patrick Mulvihill

  Non Executive Director

  Patrick spent much of his career at Goldman Sachs, retiring in 2006, most recently as Global Head of Operations covering all aspects of Capital Markets Operations, Asset Management Operations and Payment Operations. He previously held the roles of Co-Controller, Co-Head of Global Controller’s Department, covering financial / management reporting, regulatory reporting, product accounting and payment services. He also was a member of the firm’s Risk, Finance and Credit Policy Committees.

  Patrick has over twenty years experience of international financial services, having spent much of his career at Goldman Sachs where he held a number of senior management roles based in London and New York. As a result, he has an in depth knowledge of financial and management reporting, regulatory compliance, operational, risk and credit matters within a significant financial institution with an international focus.  Patrick is a Fellow of the Institute of Chartered Accountants in Ireland

  Term of Office:
  Appointed to the Court in December 2011 (0 years).

  Independent:
  Yes

  External Appointments include:
  non-executive Director of Goldman Sachs Bank (Europe) plc.

  Committee Appointments include:
  Member of the Group Audit Committee since December 2011 (0 years) and Court Risk Committee since December 2011 (0 years).
   

• Patrick O'Sullivan

  Deputy Governor and Senior Independent Director Non-Executive Director

  From 2007 until 2009, Patrick was Vice Chairman of Zurich Financial Services where he had specific responsibility for its international businesses. He previously held roles at Zurich as Group Financial Officer and Chief Executive Officer, General Insurance and Banking, of its UKISA division. He is currently Chairman of Old Mutual plc. His prior experience includes positions as Chief Executive Officer, Zurich's UK general insurance business Eagle Star Insurance (London); Chief Operating Officer, Barclays DE Zoete Wedd Holdings (London); Managing Director, Financial Guaranty Insurance Company (part of GE Capital) (London & New York); Executive Director, Goldman Sachs International (London) and General Manager, Bank of America Futures (London).

  Patrick has extensive international financial services experience gained over a period of more than thirty five years through his positions with Zurich, Old Mutual plc, Man Group plc, Goldman Sachs, Bank of America, Barclays and Eagle Star. As a Fellow of the Institute of Chartered Accountants in Ireland and a member of the International Accounting Standards Board Insurance Working Group on IFRS, he has particular insight into accounting standards and their application in the financial services industry.

  Term of Office:
  Appointed to the Court in July 2009 (2.5 years).

  Independent:
  Yes

  External Appointments include:
  Chairman of Old Mutual plc, Senior Independent Director of Man Group plc and nonexecutive Director of COFRA Group in Switzerland.  From 1 March 2012, will be Chairman of UK Government Shareholder Executive.

  Committee Appointments include:
  Member of the Group Audit Committee since August 2009 (2.5 years), Court Risk Committee since August 2009 (2.5 years) (retired in January 2012) and Group Nomination and Governance Committee since June 2011 (0.5 years).

• Joe Walsh

  Non-Executive Director

  Joe served as Minister for Agriculture from 1992 to 1994 and from 1997 to 2004, having previously served as Minister for Food from 1987. He retired from the Cabinet in September 2004.

  Joe was nominated as a director of the Bank by the Minister for Finance under the terms of the of the Credit Institutions (Financial Support) Scheme, 2008 and was not required to stand for election or regular re-election by stockholders. While, at the time of nomination, a description of the skills and expertise brought to the Board by this appointment was not provided by the Government, his experience was apparent from the roles he had held and the Court notes the value and benefit gained from Joe’s membership of the Court and its Committees through his judgement and quality of contribution.

  Joe has significant public service experience at local and European level having served as both Minister for Agriculture and Minister for Food and having chaired the E.U. Council of Agriculture Ministers. These leadership roles provided experience at a strategic level and a deep understanding of the wider macro-economic, political and regulatory environment.

  Term of Office:
  Appointed to the Court in January 2009 (3 years).

  Independent:
  No

  External Appointments include:
  Chairman of Cork Racecourse (Mallow) Limited, Horse Sport Ireland, Irish Hunger Task Force and a Director of SouthWestern Business Process Services Limited.

  Committee Appointments include:
  Member of the Group Nomination and Governance Committee since January 2009 (3 years). Member of Group Remuneration Committee since January 2009 (3 years) and Chairman since December 2011.