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CRH appoints new non-executive director

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World Cement,

CRH has announced the appointment of Richard Boucher to its board as a non-executive director. Boucher, a former CEO of Bank of Ireland Group, took up the positive at the building materials multinational from 1 March.

Boucher is an Irish citizen with experience in the financial services. Before his role at the head of Bank of Ireland Group, he held a number of management roles at the company, as well as with Royal Bank of Scotland and Ulster Bank. He is also a past President of the Institute of Banking and of the Irish Banking Federation.

Boucher currently works as a consultant for Fairfax Financial Group, whose African investment arm last year made a bid for control of South African cement producer, PPC. CRH was also a contender for PPC, although the South African company eventually remained independent.

In his role at Fairfax Financial Group, Boucher acts as its nominee on the board of Atlas Mara Ltd, a company with investments in banks in Africa. He is also a non-executive director of Athens-based Eurobank Ergasias, which has operations in Greece and several other European countries.

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