AIB Group plc (AIBG), one of Ireland's largest banking groups, has announced that Board Chair Jim Pettigrew intends to step down from his role in late 2027, having served six years in the position. The announcement, made on 13 November 2026, confirms that a formal succession search will now begin under the oversight of Senior Independent Director Elaine MacLean. The disclosure was made in compliance with Euronext Dublin Listing Rule 6.1.5 and UK Listing Rule 6.4.6, underscoring its regulatory significance for investors on both exchanges.

Key Points

  • AIB Group plc (AIBG), parent of Allied Irish Banks p.l.c., listed on Euronext Dublin and subject to UK listing rules
  • Board Chair Jim Pettigrew has informed the Board of his intention to step down in late 2027
  • Pettigrew will have served six years as Chair by the time of his departure
  • Investors should watch for a further announcement confirming the effective date of the change and the identity of his successor

Jim Pettigrew to Conclude Six-Year Tenure as AIB Group Board Chair in Late 2027

AIB Group plc announced on 13 November 2026 that Jim Pettigrew, who has served as Chair of both AIB Group plc and Allied Irish Banks p.l.c., notified the Board of his planned departure as part of ongoing succession planning discussions. His intention is to step down in late 2027, at which point he will have completed six years in the role. The announcement states that this disclosure was made voluntarily within a structured succession planning process, rather than in response to any immediate operational or regulatory event. No specific departure date has yet been confirmed.

Nomination Committee to Lead Search Overseen by Senior Independent Director Elaine MacLean

The Group's Nomination and Corporate Governance Committee will now commence a formal search process to identify and appoint a successor to Jim Pettigrew. The announcement states that this process will be overseen by Senior Independent Director Ms Elaine MacLean, a governance structure designed to ensure independence and transparency during the transition. AIB has not disclosed a timeline for completing the search, nor has it named any candidates under consideration. A further public announcement is expected in due course, which will include the effective date of the leadership change once confirmed by the Board.

Dual Listing Obligations Prompt Regulatory Disclosure Under Euronext Dublin and UK Listing Rules

The announcement was made in compliance with Euronext Dublin Listing Rule 6.1.5 and UK Listing Rule 6.4.6, reflecting AIB Group's obligations across both jurisdictions. AIB Group plc is headquartered at 10 Molesworth Street, Dublin 2, Ireland, and operates principally as a retail and commercial banking group serving Irish and broader international markets through Allied Irish Banks p.l.c. Board-level succession at a systemically important institution such as AIB is closely scrutinised by regulators, institutional shareholders, and governance-focused investors, making this disclosure a material corporate governance event. Investors may be watching for details of the incoming Chair's background and strategic priorities.