One of the most important tasks at establishment, was the composition of the IBCB Board. The Board has been developed very specifically to ensure:
- the Board is Chaired by an independent party, with no prior involvement or experience in banking or financial services;
- the position of Deputy Chair is held by a respected Corporate Governance professional;
- the corporate governance structure put in place ensures and demonstrates independence, and;
- key stakeholder groups are represented.
The role of Chairman of the IBCB Board was publicly advertised and the selection process was run by a panel entirely independent of the Irish banking sector. This process resulted in the appointment of Mr. Justice John Hedigan to the role of IBCB Chair. Following a robust, open recruitment competition run by Odgers Berndtson, Marion Kelly was formally appointed to the role of CEO in March 2020. Marion had previously been acting CEO, seeing the company through the important tasks of set-up and establishment.