Bank of Ireland to lose three top executive in coming months

Shake-up accelerates under new CEO Francesca McDonagh

Bank of Ireland has appointed Gavin Kelly as chief executive of its largest division, Retail Ireland.

Bank of Ireland has appointed Gavin Kelly as chief executive of its largest division, Retail Ireland.

Bank of Ireland is set to lose three top executives in the coming months as a management shake-up under the stewardship of its new chief executive, Francesca McDonagh, accelerates.

The company said on Tuesday that Michael Torpey, chief executive of the corporate and treasury division, and Peter Morris, chief executive of governance and regulatory officer, plan to retire during the summer.

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