Bank of Ireland CEO Richie Boucher is to undergo a medical procedure to remove an early-stage cancerous growth from his colon.
Mr Boucher informed staff of the discovery in a note this evening, saying that the stage 1 polyp had been found during an annual, routine medical check-up.
He had been informed that it could be removed through a standard medical procedure, which has been scheduled for the first week in August.
Mr Boucher said he intended to work up to that point, and would be back at the bank in September.
In his letter to staff, Mr Boucher said in the interest of transparency he felt it was important for him to inform them of the news “that may be relevant” to the banking group.
However he said his absence would not have an adverse impact on the bank due to his “highly committed and very capable colleagues”.