Former NTMA executive Eileen Fitzpatrick has been appointed to the board of Bank of Ireland as a non-executive director.

Ms Fitzpatrick served as head of NewERA at the National Treasury Management Agency (NTMA) since November 2011, before announcing her departure in January this year.

NewERA provides financial and commercial advice to government ministers in relation to State-owned companies across the energy utilities, transport and health sectors. 

Ms Fitzpatrick, who from tomorrow will also be appointed to Bank of Ireland’s audit committee and the bank’s remuneration committee, joined the NTMA in 2006 as a member of the executive management team and as director, alternative assets, for the National Pensions Reserve Fund. 

Prior to her appointment at the NTMA she was CEO at AIB Investment Managers from 2000 to 2006. 

From 1987 to 2000 she held a number of senior investment and stockbroking positions, including with AIB Investment Managers, Goodbody Stockbrokers, National City Brokers and Montgomery Govett.

Patrick Kennedy, chairman of Bank of Ireland, said he was “delighted” to welcome Ms Fitzpatrick to the bank’s board.

“She brings to the board a strong background in both the public and private sector, with extensive experience at senior executive, board and governmental level.” 

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