Tadhg Clandillon Appointed as new Managing Director of New Ireland

Bank of Ireland has announced the appointment of Tadhg Clandillon as Managing Director of New Ireland, a role he will take up in early October.

Tadhg has almost three decades of experience in the Irish and international life insurance industry and joins New Ireland from Athora Ireland where he was Chief Executive Officer for the last six years. Prior to Athora Ireland Mr Clandillon served as Chief Financial Officer at Aegon Ireland, which he joined from Irish Life in 2008.

New Ireland Assurance Company protects approximately 600,000 customers through a full range of insurance, investment, and pension products, and has assets under management of €24 billion at end-June, 2024.

Richard Jones, Interim Managing Director of New Ireland, will be taking up the position of Director in Group Strategy and Transformation, with responsibility for Wealth & Insurance, in early October.

Commenting on the appointment, Gavin Kelly, CEO Designate, Davy & Wealth, said:

"We are delighted to appoint Tadhg as the new Managing Director of New Ireland. He has an extremely strong track record of commercial delivery, business transformation and people leadership, and commands a deep knowledge of the life and pensions industry. He will play an important role as we establish the new Wealth and Insurance division which includes New Ireland and Davy."

David Lamb, Chairman of New Ireland, said:

"Through insurance, investments, and pension products, New Ireland plays a very important role in the financial lives of its 600,000 customers. Tadhg joins New Ireland at a very important time for the company, and brings a depth of experience to the role.

"On behalf of the entire Board, I would also like to thank Richard Jones for his leadership of the company this year and wish him every success in his new role. We are delighted to be able to continue working with him."