Brexit vote persuaded Francesca McDonagh to make Irish move

Bank of Ireland chief is granddaughter of Irish immigrants to Britain

Francesca McDonagh took over the top job at Bank of Ireland last October. Photograph: Dara Mac Donaill

Francesca McDonagh took over the top job at Bank of Ireland last October. Photograph: Dara Mac Donaill

Bank of Ireland’s UK-born chief executive, Francesca McDonagh, has signalled in her first public speech less than five months in the role that Brexit influenced her decision to move to Ireland.

“It disappoints me deeply to see the country of my birth is still struggling to come to terms with the inconvenient truth that - in the history of the developed world - no country has prospered economically, socially or culturally by turning in rather than looking out,” Ms McDonagh said at the speech at the Dublin Chamber annual general meeting dinner in Dublin on Thursday.

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