Sunday 4 December 2016

Permanent TSB CFO stepping down

Published 18/08/2015 | 15:18

A Permanent TSB branch on St. Stephens Green.
A Permanent TSB branch on St. Stephens Green.

Permanent TSB’s group chief financial officer Glen Lucken is stepping down in the coming months, the bank announced today.

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Mr Lucken will leave his executive and board roles to return to the UK for “family reasons and to pursue other interests closer to home.”

He had been with the group for three years.

Group chief executive Jeremy Masding said he had made an enormous contribution during that time.

“It is with regret that Glen will be leaving the Group.  He has played a leading role in the successful transformation of the Group during his time with us, most notably in the recent capital raise following the ECB’s Comprehensive Assessment and associated stress tests,” Mr Masding said.

PTSB said a recruitment and selection process to find a replacement will begin immediately.

 

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