Ms Francesca McDonagh:

People who work at Bank of Ireland know we are passionate about gender diversity and representation. We have made a commitment to being 50-50 in terms of senior management appointments, both promotions and external hires, by the end of 2021. At the end of last year, we were at 47-53, so we have made more progress. We were the first - and I think only - bank to proactively disclose the gender pay gap in Ireland. In the UK, we are required to, as are all companies. In Ireland, we voluntarily provided that information and disclosed it as part of our 1 March results. The gender pay gap currently stands at 23.8%, which is a slight improvement year on year. It does not mean men get paid more for doing the same jobs as women but the average male colleague will be paid 23.8% more than the average female colleague because there are fewer senior women. Our 50-50 target is a specific action to address that. Hopefully, I have answered that question adequately.

It is part of my personal objectives in terms of the organisational score cards of Bank of Ireland.