Belfast Telegraph

Senior AIB man succeeds Des Moore as CEO of First Trust

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By Margaret Canning

First Trust Bank will today unveil a senior Allied Irish Banks (AIB) executive as its new head.

Adrian Moynihan succeeds Des Moore at the helm of Northern Ireland bank First Trust, part of the AIB Group.

Over the past 10 years, Mr Moynihan has held senior roles at AIB including head of strategy and support, head of wealth management and most recently, head of homes.

He's stepping into the role after Mr Moore left to become head of Cumberland Building Society.

And First Trust Bank today joins its three main rivals in the top 10 of the Belfast Telegraph Top 100 Companies in association with Arthur Cox.

First Trust makes number eight in the list, ranked in order of pre-tax profits. First Trust's £54m in profits places it just above Bank of Ireland with profits of £53m.

But Dankse Bank is the highest-placed of all and the number one company with pre-tax profits of £147.5m, while Ulster Bank is number five at £59m.

Des Moore's move from First Trust was one of two big personnel transfers from the island of Ireland to Great Britain during 2017.

In this month's issue of Ulster Business, Belfast man Gerry Mallon discusses his move as head of Ulster Bank in Ireland.

The former Dankse Bank Northern Ireland chief will become chief executive of Tesco Bank.

Belfast Telegraph

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