Permanent TSB Group Holdings has appointed Declan Norgrove as its interim chief financial officer with immediate effect.

Mr Norgrove is a member of the bank's senior leadership team and is currently head of Risk Governance and Strategy at Permanent TSB.

Over the last 15 years he has held a number of senior leadership roles across both the finance and risk functions at Permanent TSB.

These included group head of Finance, head of Corporate Development and head of Financial Accounting and Operations.

Permanent TSB chief executive Eamonn Crowley said Mr Norgrove's knowledge and understanding of Permanent TSB will be of huge value as it embarks on a significant period of development over the coming year.

The bank said it continues to progress the recruitment of a permanent appointment and will update the market as appropriate.