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Bank of Ireland Group has named Akshaya Bhargava as Governor and chair of the board where he will replace outgoing chair Patrick Kennedy, who has been in the role since 2018, on January 1st.
The Indian born, UK based, banker has been a director of Bank of Ireland Group since January last. Mr Bhargava was previously CEO of Global Wealth and Investment Management at global bank Barclays and is founder of a number of successful financial technology ventures. He has previously served as a director on the boards of Wealthify Group, Mindtree, Barclays Asset Management, Vahanna, and Avendus Wealth Management. He is currently serves as Executive Chair at Bridgeweave, a venture he that has adapted data technology developed for cancer diagnosis for use in investment management.
Bank of Ireland’s deputy Richard Goulding, said Mr Bhargava combines a depth of financial services and fintech experience with strength of leadership and an entrepreneurial mindset.
“These qualities will be of great benefit to Bank of Ireland, as it works to complete its current strategic cycle and looks to the years ahead in what is a fast-evolving sector.
“I would also like to thank Patrick Kennedy for his exceptional leadership since taking on the position of Chair and Governor in 2018, and for his service on the Board since 2010. Under Patrick’s leadership, the Group has returned to full private ownership, completed a number of transformative acquisitions, and demonstrably strengthened its strategic and financial position including investor returns,” he said.