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AIB Group ( (AIBRF) ) has provided an announcement.
AIB Group has announced a change in its board leadership, with Brendan McDonagh stepping down from his roles as non-executive director and deputy chair following the conclusion of the bank’s annual general meeting. The board expressed appreciation for McDonagh’s significant contribution during his tenure and extended best wishes for his future endeavors.
The bank has appointed Basil Geoghegan, an independent non-executive director since September 2019, as the new deputy chair with immediate effect. The move underscores continuity in AIB’s governance, with the deputy chair role passing to an experienced insider, and is made in line with Dublin and UK listing rule requirements for timely disclosure of directorate changes.
More about AIB Group
AIB Group plc is a leading Irish banking group providing retail, corporate, and investment banking services, as well as related financial products, primarily in Ireland. The group, which includes Allied Irish Banks, p.l.c., focuses on serving household, business, and institutional customers, and its shares are listed on Euronext Dublin and the London market.
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