FBD Insurance has appointed Paul D’Alton as its new CEO and the successor to outgoing boss Fiona Muldoon.

On Tuesday, the insurer announced that D’Alton will take over as interim CEO from the end of this week.

D’Alton is no stranger to FBD, having served as interim chief financial officer of the insurer from 2015 to 2016.

He has previously served as chief financial officer at Bank of Ireland, as well as working with UK insurer RSA and Waterford Wedgewood plc.