BANK OF Ireland has appointed two new non-executive directors to its board – former Lloyds TSB banker Kent Atkinson and Patrick Haren, the former chief executive of energy company Viridian.
Mr Atkinson is the senior independent director at UK Asset Resolution, the holding company for the British government-owned lenders Northern Rock and Bradford and Bingley. He held a number of senior positions in retail banking at Lloyds before being appointed finance director of Lloyds TSB, a job he held for eight years until 2002.
He is also a director of Coca-Cola Hellenic Bottling company and a board member of French smart-card company Gemalto.
Mr Atkinson will be joining the bank’s audit and risk committees.
Mr Haren joined Northern Ireland Electricity as chief executive in 1992, and led the company’s privatisation through a flotation the following year, expanding the company as Viridian until 2007. He will be joining the bank’s audit and remuneration committees.
The new appointments bring the number of directors on the “court”, the bank’s name for its board, to 11. Chief executive Richie Boucher is the only director whose appointment predates the financial crisis and who is planning to remain on the board.
The bank’s chairman, or governor, is Pat Molloy, while the two Government-appointed directors are Tom Considine and Joe Walsh. The other directors are Patrick O’Sullivan, who is also the bank’s deputy governor, Patrick Kennedy, Pat Butler, Patrick Mulvihill and Jerome Kennedy.
The bank has said Mr Kennedy will retire at its next annual meeting.
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