Bank of Ireland is expected to cut as much as 15pc of its managers and executives, as CEO Francesca McDonagh aims to address costs at the bank. Bank of Ireland is expected to cut as much as 15pc of its managers and executives, as CEO Francesca McDonagh aims to address costs at the bank. Should the move go ahead, it could lead to the loss of as many as 200 jobs across Ireland and the UK, the Irish Times reports. Earlier this year the bank undertook an overhaul of its executive team which saw chief information officer Gavin Kelly elevated to the top job in the retail bank. Vincent Mulvey's role as chief risk officer, was also expanded and will see him taking on responsibilities once handled by Mr Morris.

Source: Irish Independent March 27, 2018 07:18 UTC