Major bank to lose CFO

Major bank to lose CFO




The Group Chief Financial Officer at Permanent TSB is set to step down from his executive and board roles over the coming months….

The Group Chief Financial Officer at Permanent TSB is set to step down from his executive and board roles over the coming months.

Glen Lucken, who has been with the financial services provider for three years, informed the board that he wished to return to the UK for family reasons and to pursue other interests.

Jeremy Masding, Group CEO, said: "It is with regret that Glen will be leaving the Group.”

“He has played a leading role in the successful transformation of the Group during his time with us, most notably in the recent capital raise following the ECB's Comprehensive Assessment and associated stress tests. 

“I would like to thank him for the enormous contribution that he has made to the Group and wish him every success for the future."

The process of finding Glen’s replacement is set to start immediately. 

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