Ulster Bank appoints new chief risk officer
Ulster Bank has appointed a new chief risk officer from the same position in a rival bank.
Stephen Bell joins his new employer from PricewaterhouseCoopers, from where he had been seconded to the role of chief risk officer at Allied Irish Banks plc.
As part of the move, Mr Bell has also been appointed to the board of Ulster Bank Limited and Ulster Bank Ireland Limited.
He will also be a member of the risk board and group risk committee of Ulster Bank parent Royal Bank of Scotland (RBS). Mr Bell has over 25 years of experience with previous roles including setting up corporate restructuring for Barclays in Western Europe.
Ulster Bank chief executive Jim Brown said: "I am delighted to announce Stephen's appointment. His extensive experience is an asset to us as we continue to build a strong risk management culture within our business."