The retirement of FBD's interim finance chief Cathal O’Caoimh (left) follows the resignation of its chief executive Andrew Langford (right) in August.
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O'Caoimh, who remained on the board since the appointment of Fiona Muldoon to group finance director in January, stayed on to lead a number of projects, including the implementation of a new IT and policy administration system. He was formally replaced by Muldoon at the announcemnt of the company’s full year results in March.
After the sudden departure of former group chief executive, Andrew Langford, Muldoon was then appointed to interim chief executive. This left a gap and O’Caoimh was then reappointed as interim finance chief in August, just five months after he left his full-time role with the company.
O'Caoimh joined FBD in 2008 from Horizon Technology Group plc, where he was chief financial officer since 2001. Prior to that O’Caoimh held group finance director positions at Hibernian Insurance Group and Norwich Union Insurance Group in Ireland. He had previously served as group financial controller of Independent News and Media Group plc.
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Only a month after his appointment as interim finance chief, it is understood that the Central banked pressed for the position to be filled on a temporary basis until the insurer appoints a new chief executive. This is likely to happen in the next couple of months and it is expected that Muldoon will be among the candidates considered for the top job.
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O'Caoimh, who remained on the board since the appointment of Fiona Muldoon to group finance director in January, stayed on to lead a number of projects, including the implementation of a new IT and policy administration system. He was formally replaced by Muldoon at the announcemnt of the company’s full year results in March.
After the sudden departure of former group chief executive, Andrew Langford, Muldoon was then appointed to interim chief executive. This left a gap and O’Caoimh was then reappointed as interim finance chief in August, just five months after he left his full-time role with the company.
O'Caoimh joined FBD in 2008 from Horizon Technology Group plc, where he was chief financial officer since 2001. Prior to that O’Caoimh held group finance director positions at Hibernian Insurance Group and Norwich Union Insurance Group in Ireland. He had previously served as group financial controller of Independent News and Media Group plc.
Only a month after his appointment as interim finance chief, it is understood that the Central banked pressed for the position to be filled on a temporary basis until the insurer appoints a new chief executive. This is likely to happen in the next couple of months and it is expected that Muldoon will be among the candidates considered for the top job.
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