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EBS fails to lure their target

EBS fails to lure their target

Rudderless EBS has been snubbed in its attempts to lure National Irish Bank's chief executive Andrew Healy to replace departed boss Ted McGovern.

Top executive recruitment firm Amrop Hever made overtures to Healy about taking the €760,000 per year EBS job in recent weeks. According to sources, Healy turned down the offer. The banker was unavailable last week and NIB declined to comment.

Since taking the helm at National Irish Bank two years ago, 39-year-old Healy has led a remarkable turnaround at the Danske Bank owned business. Earlier this year NIB announced that it had grown its loan book by a hefty 51 per cent, with innovative products like the LTV mortgage driving much of the new business.

The failure to land Healy represents a major setback for the building society. A spokesman for EBS said that he was not aware that Healy had been contacted. "The headhunters do that. They ask people, if they throw their hat into the ring we'll look at them objectively. If they don't we won't," he added.

CEO Ted McGovern's recent departure from the building society came after an embarrassing public row over the re-appointment of non-executive board member Eithne Tinney.

Although McGovern indicated that he had been planning to step down for sometime, the EBS was clearly not in the position to replace him at such short notice.


EBS fails to lure their target - Irish, Business - Independent.ie

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