Mr. Buchanan will also be appointed to the Risk Committee of BOIG plc and the Bank as of the same date.
Mr. Buchanan is a non-executive director at Openwork, one of the largest financial advisor networks in the UK, and a senior operations and technology advisor to Cerberus Capital Management. He was Group Chief Information Officer for Barclays Plc and Chief Operating Officer for Barclaycard until 2016. Before joining Barclays in 2011, he was Chief Information Officer for Société Générale Corporate & Investment Banking (2009-2011), a member of the public board and Group Manufacturing Director of Alliance & Leicester Plc (2005-2008), and a member of the executive committee and Chief Operations & Technology Officer of Nomura International (1994-2005). Mr. Buchanan’s earlier career was spent at Credit Suisse, Guinness, and BP.
Mr. Buchanan has extensive technology, digital, business transformation and customer operations experience gained through his work in a number of international retail, commercial and investment banks. He holds a Bachelor of Science degree in Physics from the University of Durham.
Archie Kane, Bank of Ireland Group Chairman, commented: “I am delighted to welcome Ian to the Board of BOIG plc. Ian has held a number of very senior roles in international financial services, and will bring considerable experience of technology-based transformational change to his role on the Board, Court, and Risk Committee. This experience will be very beneficial to the Group during this period of strategic transformation. I congratulate him on his appointment, and look forward to working with him.”
There were no details requiring disclosure for Mr. Buchanan under paragraph 6.6.7 (2) to (6) of the Listing Rules.