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DUBLIN - Permanent TSB Group Holdings plc (PTSBGH) announced today the appointment of Hugh O'Donnell as an Independent (LON:IOG) Non-Executive Director, effective immediately. O'Donnell will also join the Board Audit Committee and the Board Risk & Compliance Committee and is set to become Chair of the Board Audit Committee on July 30, 2025, succeeding Ronan O'Neill who will retire on the same date after completing his nine-year term.
O'Donnell is recognized for his extensive experience in the banking sector, having held senior finance positions at AIB Group (OTC:AIBRF), including Executive Director and Chief Financial Officer of AIB's UK division. Most recently, he served as Managing Director at Dell (NYSE:DELL) Bank International, after holding the position of CFO there. His expertise spans retail and business banking, financial accounting, risk management, governance, and oversight.
Julie O'Neill, Chairperson of PTSBGH, expressed confidence in O'Donnell's appointment, stating, "I am delighted to welcome Hugh to the Board. Hugh brings a wealth of banking knowledge and experience to the role as we build towards our ambition to be Ireland's best personal and business bank. I very much look forward to working with Hugh in the months and years ahead."
O'Donnell's appointment comes at a time when the company is aiming to strengthen its governance and oversight capabilities. The move is part of a broader strategy by Permanent TSB to enhance its leadership team as it pursues growth and service excellence in the Irish banking market.
This announcement is based on a press release statement distributed by RNS, the news service of the London Stock Exchange (LON:LSEG).
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