Paul D'Alton today joined FBD Holdings as chief financial officer on an interim basis for a period of approximately one year. D'Alton has extensive experience in senior finance leadership roles in the general insurance, banking and manufacturing sectors. He has previously worked as a senior executive at RSA, the UK insurer, Bank of Ireland and Waterford Wedgewood. Cathal O'Caoimh, FBD's former chief financial officer, remained on the board since the appointment of Fiona Muldoon as group finance director in January. He then stayed on to lead a number of projects, including the implementation of a new IT and policy administration system. He was formally replaced by Muldoon at the announcement of the company's full-year results in March. This is just one of many changes to the FBD board in recent weeks as Fiona Muldoon, the interim chief executive, is charged with turning the insurer around.