robert-elliott-linklaters2-Vert-201703071554Former Linklaters senior partner Robert Elliott has been appointed as the next chairman of Irish bank Permanent TSB Group Holdings.

Elliott (pictured) will take over as chairman of the bank from 31 March, succeeding outgoing chairman Alan Cook, who is retiring.

Elliott was senior partner of Linklaters between 2011 and September 2016, when he was succeeded by corporate partner Charlie Jacobs. After stepping down as senior partner he continued to act as a consultant to the magic circle firm, and will now serve as a part-time consultant and chairman emeritus.

He joined Linklaters in 1990, making partner in 1991. He was appointed as global head of restructuring and insolvency in 1996, and took over as global head of banking in 2007.

He has worked on a raft of high profile mandates throughout his career, including the administration of Enron Europe in 2001, acting for an investor group in a $4bn investment in the Bank of China in 2005, and advising on the £45bn recapitalisation of Royal Bank of Scotland in 2009.

Permanent TSB chief executive Jeremy Masding said: "Robert is one of the outstanding lawyers of his generation and has an exceptional expertise in banking. He is also an outstanding businessman and has overseen Linklaters with great success over many years."

Elliott said he was looking forward to helping lead the bank through the next phase of its journey.

Elliott's move comes after former Linklaters managing partner Simon Davies stepped down from his role a year early to join Lloyds Banking Group as its chief people, legal and strategy officer in January 2016. He was succeeded as managing partner by banking head Gideon Moore.