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Permanent tsb Group Holdings plc has announced the appointment of Barry D’Arcy as Chief Risk Officer (CRO) following a competitive selection process.

Mr D’Arcy will be responsible for leading permanent tsb’s Group Risk function and will be a member of the Bank’s Executive Committee. 

He is currently CRO of KBC Bank (Ireland), a role which he has held since 2017. He joined KBC Bank (Ireland) in 2011 and was previously its Head of Finance and its Head of Credit/Asset and Liability Management Risk.

He is a qualified accountant whose earlier career includes finance roles in banking and in food and IT multinationals.

His appointment takes effect from 02nd October.

Eamonn Crowley, permanent tsb Chief Executive, said:

“Managing risk rigorously is at the heart of what we do, as we pursue our ambition of being Ireland’s best personal and business bank. Barry brings experience, leadership skills and an in-depth understanding of risk management and retail banking to the role.

We look forward to him joining our team as we build on the strong platform for growth we’ve established through our transformational acquisition of Ulster Bank branches and retail and SME businesses.”

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