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Permanent TSB names chief risk officer

Permanent TSB Group Holdings PLC named Michael Frawley chief risk officer, effective immediately, the Irish Independent reported.

Frawley most recently held the same position at HSBC Bermuda, according to the Dec. 19 report. He replaces Stephen Groarke, who is set to join U.S. Bancorp unit Elavon Financial Services DAC.

Frawley will also be a member of Permanent TSB's executive committee.