First Trust boss Des Moore to take up building society position
The boss of First Trust Bank is leaving his top Northern Ireland post to head up a UK building society.
Des Moore, who has been at the helm of First Trust since 2013, has been appointed as the new chief executive of the Cumberland Building Society, and will take up the role in April.
Based in Carlisle, the building society is the 10th largest in the UK with 160,000 customers and a network of 34 branches.
Mr Moore has been in the banking industry for the best part of four decades, starting off as a teller in Drogheda in 1982.
After successful stints with Bank of Ireland, Permanent TSB and the National Australia Bank Group, the Wexford-born financier took over the reins at First Trust at a time when public trust in banking was at a low and major challenges were on the horizon. Just last year, First Trust announced it was closing half of its branch network.