Ulster Bank appoints Margot Lyons as chief risk officer

Ulster Bank has appointed Margot Lyons as its chief risk officer in the Republic. She joins from GE Financial Markets in Dublin, where she most recently held the position of managing director of risk management for GE Financial Markets and operational risk management lead for GE Treasury.

Before this she held a number of senior positions at Nikko Principal Investments, Mizuho International and Nikko Europe Plc.

Ms Lyons has been a non-executive director of the Irish charity Trócaire since 2010, and is a graduate of Dublin City University and the Chartered Institute of Management Accountants.

Commenting on her appointment, Ulster Bank's newly-installed chief executive Gerry Mallon said: "Margot has a significant knowledge of the banking landscape, which will be invaluable to us as we continue to build a strong and profitable bank that is number one for customer service, trust and advocacy.

“Margot has a wealth of financial service experience, a strong risk-management background and a proven ability to operate strategically. Margot will also join our executive committee.”

The chief risk officer role was previously held by Stephen Bell, who left Ulster Bank in July 2015. In the interim the position was filled by Adrian Haines, a director of risk for personal and business banking with Royal Bank of Scotland, Ulster Bank's parent company.