Business

Friday 28 April 2017

Bank of Ireland chief executive Richie Boucher to step down this year

Bank of Ireland’s Richie Boucher. Photo: David Conachy
Bank of Ireland’s Richie Boucher. Photo: David Conachy
Gavin McLoughlin

Gavin McLoughlin

Bank of Ireland chief executive Richie Boucher will leave his role this year, the bank has announced.

A precise date has not been given but the bank has begun looking for the 58-year-old’s successor, it said it in a statement.

Mr Boucher has led the bank since 2009.

“I have made this decision from the fortunate position of enjoying my job and being excited about the next stage in our group’s development, including the transformational investment which is underway in our infrastructure to support our customers and the group, not just for tomorrow but for future generations.  However, I will be 59 in August of this year and I feel it best for the group that someone else leads the group’s next stage of development,” Mr Boucher said.

“This has influenced my decision to retire from the group at this time, and to focus on the other things which I might like to do with my life.”

Mr Boucher will remain in the role until his successor is identified.

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