AIB Group plc - Directorate change

Summary by AI BETAClose X

Donal Galvin has stepped down as Chief Financial Officer and Executive Director of AIB Group plc, effective May 26, 2026, to pursue other opportunities. Galvin, who joined AIB in 2013 and became CFO in March 2019, will remain with the company to ensure a smooth handover, including the announcement of the half-year results on July 30, 2026. The company has initiated a search for his permanent successor. Galvin's tenure was marked by his contributions to AIB's return to full private ownership and the repayment of €21 billion to the Irish State, significantly advancing the group's financial resilience and capital strength.

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AIB Group PLC
27 May 2026
 

27 May 2026

AIB Group plc

Directorate Change

 

 

Donal Galvin has informed the Board of AIB Group plc of his intention to step down as Chief Financial Officer (CFO) and Executive Director of AIB Group plc and Allied Irish Banks, p.l.c. (together "AIB Group" or "AIB") to pursue other business opportunities.

 

Donal joined the Group in September 2013 as Group Treasurer and was appointed to the role of Chief Financial Officer and member of the Executive Committee in March 2019, and as an Executive Director in May 2021.

 

Donal stepped down from the Board with effect from 26 May 2026.  However, he will remain with the Group to ensure a smooth handover of responsibilities, including the announcement of the half year results, scheduled for 30 July 2026. A process to appoint Donal's permanent successor will commence immediately.

 

Colin Hunt, Chief Executive Officer, said:

"Donal has made a significant contribution to the Group during his 13 years with AIB. He played a key role in the return of AIB to full private ownership and the repayment of €21bn to the Irish State. He has greatly advanced the financial resilience and capital strength of the Group. He has been a highly valued colleague to me and other members of the Executive Leadership Team and Board and, on behalf of all of us at AIB, I wish Donal the very best for his future endeavours."

 

Donal Galvin, Chief Financial Officer, commented:

"I have greatly enjoyed my time with AIB and playing my part in the restoration of such an important institution in Ireland. The time is right for me personally to pursue other career opportunities, and I am pleased to leave AIB in such a strong financial position. It has been a privilege to serve on the Board and to work with such talented and committed colleagues over my career with the Group. I wish my colleagues, the Board and the Group every success in the future."

 

This announcement is made in accordance with the Euronext Listing Rule 6.1.5 and UK Listing Rule 6.4.6 and contains inside information. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

- ENDS -

 

For further information, please contact:

Conor Gouldson

Niamh Hore

Will Goodbody

Group Company Secretary

Head of Investor Relations and   External Communications

Head of External Communications

Tel: +353-1-772 0030

Tel: +353-86-313 5647

Tel: +353-86-8502204

conor.w.gouldson@aib.ie

niamh.a.hore@aib.ie

will.r.goodbody@aib.ie  

 

AIB Group plc

10 Molesworth Street

Dublin 2, D02 R126

Ireland

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