Having served three years since his appointment to the board of FBD Holdings, Dermot Browne has indicated that he will not be putting himself forward for re-election at the 2019 AGM to take place on 10 May 2019.
As a result, he will retire as a non-executive director at the conclusion of that meeting.
Dermot Browne formerly held a number of senior executive roles in Aviva Ireland, including the position of chief executive, between 2007 and 2011.
I am very grateful to Dermot for the significant contribution he has made to FBD
Prior to that, Browne worked as an executive with Eagle Star Life Assurance Company of Ireland (now Zurich Life) and eventually rejoined the Zurich Group in 2012, taking up a three-year role in the group’s headquarters in Switzerland.
"I am very grateful to Dermot for the significant contribution he has made to FBD," board chair Liam Herlihy said.
"He takes our deep respect and best wishes with him for the future."
FBD notified the Irish Stock Exchange on Friday.
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