International Banking Group has new Chair23rd January 2019
The Federation of International Banks in Ireland (FIBI) has a new Chair in Derek Kehoe, Chief Executive and Head of Country, BNP Paribas, Ireland. He takes over the reins from Colin Moreland, Managing Director with Citi.
In his role as Chief Executive and Head of Country Derek has responsibility for BNP Paribas’s Corporate & Institutional Banking (CIB) operations in Ireland. In addition, he has a non-executive and co-ordination role for the bank’s non-CIB activities, chairing the boards of Greenval Insurance, Darnell DAC and Vartry DAC. He also sits on the boards of BNP Paribas Real Estate and BNP Paribas Fund Administration Services Ireland Ltd. Derek has amassed some 30 years’ experience in various capital markets, leadership and board roles since graduating from University College Dublin with an honours degree in Pure Economics.
BNP Paribas today employs over 630 people in Ireland. While the majority of these are in the Dublin Central Business District, the bank’s growing presence in Galway now accounts for over 100 employees.
Speaking on his appointment Derek Kehoe stated:
“I am honoured and pleased to take on the role of FIBI Chair during a complex and exciting time for international banking in Ireland. The evolving regulatory landscape, Brexit and the soon-to-be-published IFS2025 Strategy necessitate a cohesive and coherent voice from our member banks. I look forward to working with them and the team in Banking & Payments Federation Ireland during this crucial phase of the development of the international banking sector in Ireland.”
Note: The Federation of International Banks in Ireland (FIBI) is affiliated to Banking & Payments Federation Ireland (BPFI), which is the voice of banking, payments and fintech in Ireland – representing some 70 member institutions and associates including licensed domestic and international banks and institutions operating in the financial marketplace here.