Payac is delighted to announce the appointment of Seamus Newcombe as CEO. Seamus joins Payac from Bank of Ireland where he held a regional management role as Head of Bank of Ireland for Leitrim and Roscommon. He started his career with Permanent TSB, and has also held leadership positions with IFG Group, Bailieborough CU and its merger with two other CUs to form Link CU, where he was CEO. Seamus is a graduate of University of Ulster, University College Dublin and Boston College. He is a Certified Risk Manager, Certified Data Protection Officer and Qualified Financial advisor, as well as holding a Masters of Science in Executive Leadership. Seamus is a member of the Association of Compliance Officers of Ireland, Institute of Bankers, and was a member of the National Executive of CUMA when in the CU sector.

Michael McHugh¬†(Payac Chair) welcoming Payac’s new CEO said,

”Seamus thinks strategically and brings a unique blend of banking and credit union experience to the role of CEO. He also has the intellectual and leadership qualities to support collaboration among credit unions.”

Seamus sees MPCAS as being a ground-breaking opportunity for CUs to deliver day-today banking services on an ethical and co-operative basis.

”Members trust their credit unions, whether in their local communities or in their places of employment. Working together, credit unions will offer better and fairer current account services to consumers. I am excited to be leading this process.”


Ref: Payac MPCAS Update Volume 1, Issue 4. March 2018