PTSB chief risk officer Stephen Groarke quits for US group

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Permanent TSB’s (PTSB) chief risk officer, Stephen Groarke, will leave in the coming months to become the European chief financial officer for US credit card transactions processor Elavon at its base in Dublin.

Mr Groarke joined PTSB as head of group finance in 2012 and was appointed chief risk officer in April 2016, having acted in an interim position from September 2015. He previously held senior positions in Bank of Ireland and Ulster Bank.

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