FBD Insurance has appointed Tomás O’Midheach as CEO and executive director, effective 1 February 2021.
Paul D’Alton, current interim CEO will remain in situ until that time to ensure an orderly handover.
O’Midheach has 25 years’ experience in the financial services industry spanning many diverse areas including finance, data, customer analytics, direct channels and digital. He spent 11 years with Citibank in the UK, Spain and Dublin where he held several senior positions in finance.
He joined AIB in June 2006 to lead a finance operating model transformation and has since held a number of senior executive positions including head of direct channels and analytics and chief digital officer.
O’Midheach is currently deputy CEO and an executive board member of AIB.
Chairman, Liam Herlihy, said: “I am very pleased to announce Tomás will join the board and as chief executive officer in February 2021 on the back of an extensive search process and with the approval of the Central Bank of Ireland.
“He is highly regarded in the financial community and has considerable knowledge of the Irish financial services landscape. We look forward to his arrival”.
O’Midheach added: “I am delighted to be joining FBD group and look forward to working with the team to help drive the next stage in the group’s development”.