Independant Non-Executive Director

On 19 February 2021, NatWest Group announced that it would begin a phased withdrawal from the Republic of Ireland that would take place over the coming years.  As a result, Ulster Bank Ireland DAC, (“UBIDAC”) initiated a process of disposal of its assets, repayment of its liabilities and closure of its various branches and operating units, while supporting colleagues and customers and helping them prepare for the future.

The Strategy of UBIDAC is to safely execute the phased withdrawal from the Republic of Ireland, engaging with the Bank’s regulators and other stakeholders on material items related to the Strategic Withdrawal. Once banking activities have fully ceased, it is planned that UBIDAC will return its banking licence and will thenceforth operate under a different regulatory model to progress and close any remaining issues.

In the context of board succession planning, UBIDAC is seeking to appoint a new Independent Non-Executive Director for a short term period.

The Role

·       Utilise relevant sector experience to provide insight and advice across the entire board agenda.

·       Create an excellent working relationship with the rest of the board and executive directors, offering support and also constructive challenge when needed.

The Person

·       Broad senior leadership experience in financial services or within an organisation of comparable scale and complexity

·       Restructuring / wind-down experience would be advantageous

·       Potential to succeed to a Committee chair role in due course

·       Strong focus in the area of customers, colleagues and communications is desirable

·       Retail banking experience would be advantageous.

·       Unquestioned integrity, independence and gravitas.

Remuneration commensurate with the standing of the role.

Closing date for applications: To be confirmed.

Please reply with full details to Colin Kelly, Company Secretary UBIDAC email colin.kelly@ulsterbank.com