Allied Irish Said to Consider Murphy to Succeed McCrohan
This article is for subscribers only.
Allied Irish Banks Plc, the largest government-controlled lender, may appoint Fergus Murphy, chief executive officer at its EBS Ltd. unit, to head its corporate, institutional and commercial banking division, according to three people with knowledge of with the matter.
Murphy, 48, would replace Jerry McCrohan, who is retiring, according to the people, who declined to comment as the process isn’t public. McCrohan, 62, who reached retirement age in 2010, had agreed to remain with the lender as his role evolved from head of capital banking to include oversight of the corporate, institutional and commercial banking division, which was set up last year.