Anglo Irish Bank Corporation Limited - Appointment of New Chief Risk Officer

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Peter Rossiter appointed as Chief Risk Officer.

this is a very interesting and challenging role and I look forward to returning to Ireland to join Mike Aynsley and the team at Anglo Irish Bank.

The Board of Anglo Irish Bank announces the appointment of Peter Rossiter as Chief Risk Officer ("CRO"). Mr Rossiter has extensive international banking and risk management experience having worked for Citigroup for the past 27 years. Most recently, he has been Chief Risk Officer of Citi Handlowy in Poland, a publicly listed, universal bank subsidiary of Citigroup. Prior to this he has held senior risk management roles for Citigroup in Moscow, Istanbul, Brussels and London.

His appointment, which he will be taking up from 2nd November, follows the recent appointment of Mike Aynsley as Executive Director and Chief Executive Officer.

Peter Rossiter said "this is a very interesting and challenging role and I look forward to returning to Ireland to join Mike Aynsley and the team at Anglo Irish Bank."

Commenting on his appointment, Donal O'Connor, Chairman of Anglo Irish Bank says: "Following an international recruitment process we are very pleased to have appointed Peter, who has a depth of experience in risk governance structures, credit, market and operational risk management and regulatory interface, to the key position of CRO. Following on from Mike's appointment as CEO, this represents another important step in establishing a management team who will lead the Bank in meeting the considerable challenges we face."

An Irish national, Peter is a Chartered Accountant and holds a Bachelor of Business Studies from Trinity College Dublin. Since 2008, he has been Chief Risk Officer and Vice President of the Management Board of Citi Handlowy in Warsaw. Previously, he was Managing Director / Chief Risk Officer for Turkey & Israel (2007-8), Country Portfolio Manager for Russia & CIS (2004-8), Country Risk Co-ordinator for Central & Eastern Europe, Middle East & Africa (2002-4), Country Risk Manager for Turkey & Israel (1996-2002), Business Risk Reviewer for Central & Eastern Europe, Middle East & Africa (1993-1996) as well as being a corporate banker in London, Brussels, Saudi Arabia and Ireland.

Billy Murphy / Martha Kavanagh
Drury Communications
Tel: + 353 1 260 5000

John West / Jeremy Carey
Tavistock Communications
Tel: +44 20 7920 3150

Anglo Irish Bank provides business lending, treasury, personal savings and private banking services to our customers across locations in Ireland, the UK, Germany, Austria, the Isle of Man, Jersey and the USA.

http://www.angloirishbank.com

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