Bank of Ireland has named Michelle McGreal as its new Group Chief Internal Auditor, responsible for overseeing the bank’s internal audit operations across Ireland and the UK. Her role covers governance, risk management, and control processes to maintain compliance and operational standards.

Ms McGreal joined Bank of Ireland in 2021 as Head of Audit – Non-Financial Risk and later served as Deputy Group Chief Internal Auditor. In 2024, she took on the role of Head of Internal Audit for Bank of Ireland UK. Prior to joining the bank, she held positions at Ulster Bank and Allied Irish Banks (AIB).

Alongside her executive career, she serves as an Independent Non-Executive Director with the Courts Service, where she sits on the Audit and Risk Committee.

Myles O’Grady, Bank of Ireland’s group chief executive, said Michelle McGreal’s expertise and leadership will further strengthen the lender’s commitment to transparency, compliance and continuous improvement.

Her appointment comes amid ongoing efforts across the financial sector to reinforce internal controls and governance frameworks. By placing an experienced auditor with cross-border oversight at the helm, Bank of Ireland aims to maintain rigorous audit standards while supporting strategic and operational objectives.

The appointment also reflects a wider trend in the banking sector where leadership roles are increasingly focused on integrating risk management and internal audit functions to provide timely insights for executive decision-making.

Michelle McGreal’s experience in both Irish and UK banking markets positions her to oversee a cohesive audit strategy that spans multiple jurisdictions, ensuring consistency in risk management practices and adherence to regulatory requirements.

Read the full report to see how Bank of Ireland is strengthening its internal audit function and governance framework.