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David Duffy is new IBF President

Wednesday, December 11 13:55:36

AIB Chief Executive Officer, David Duffy, has been appointed President of the Irish Banking Federation (IBF) for a two-year term from 1st January 2014.

He succeeds John Reynolds and, as President, will also sit on the Board of the Brussels-based European Banking Federation of which IBF is a member.

Mr Duffy is currently CEO of AIB Group and brings a wealth of experience to the role of IBF President. Educated at Terenure College and Trinity College Dublin, his banking career spans almost three decades in America, Asia and Europe.

Prior to taking on the role of CEO at AIB in December 2011, David held various senior roles, including CEO of Standard Bank PLC/Standard Bank International; Head of Global Wholesale Banking Network at ING Group; President and Chief Executive Officer of the ING franchises in the US and Latin America and a number of senior roles with Goldman Sachs International.

"I am very honoured to be appointed President of the IBF and I look forward to working closely with Ireland's banks and financial services institutions at this critical time. The emergence of a strong and soundly-based financial sector is imperative to underpinning our economic recovery and I will be supporting the IBF's Chief Executive, Noel Brett and his team, in their efforts to position the IBF in a central role as part of that recovery," Mr Duffy said.