Bank of Ireland corporate banking head Tom Hayes dies

Bank of Ireland's corporate banking head, Tom Hayes, died this week.

Mr Hayes (61), who joined the bank in 1979, became chief executive of its corporate banking business in 2006, and saw his role expand earlier this year as he became chief executive of the bank’s wider corporate banking and markets division.

Mr Hayes joined group chief executive Francesca McDonagh’s executive committee in March 2018 under a management shake-up within six months of her taking office, with the promotion reflecting the importance of this business to the group.

‘Beloved colleague’

"Tom was not only a beloved colleague at Bank of Ireland, he was also a titan of Irish business," Ms McDonagh said in an internal email. "There have been few large business deals in corporate Ireland over the last number of decades that Tom was not involved with. I know the deep relationships he had with his colleagues and customers mean his loss will be felt widely."

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Under Mr Hayes’s leadership, the corporate banking unit expanded its international footprint to the US, UK, France, Germany and Spain.

The Wexford native and Howth resident, who had been diagnosed with cancer, died on Tuesday. He is survived by his wife Eimear and daughters Ciara and Sarah. His funeral will be held in on Saturday morning at the Church of the Assumption in Howth village.