Dermot Desmond and Michael Nicholson speak after Celtic announce chairman retirement

By Lewis Laird

July 29, 2022

It has been announced that Celtic chairman Ian Bankier will retire from his role at the club on the 1st of January 2023.

The 70-year-old has worked in the boardroom at Celtic for more than ten years, initially taking up the role as a Director in the summer of 2011.

However, later that same year, Bankier was then appointed the club’s Chairman and has served that position ever since.

Photo by Ian MacNicol/Getty Images

In a statement from Celtic this afternoon, it was announced that Bankier would be stepping down from his role due to retirement at the end of this calendar year.

The club stated that Bankier will now spend the next few months working with those in the boardroom at Celtic to oversee a smooth transition, with his successor being announced in due course.

Significant shareholder Dermot Desmond and CEO Michael Nicholson have both reacted to the news, sharing their thanks for his work whilst in the role over the last decade.

Desmond said [Celtic FC]: “I would like to thank Ian sincerely for his contribution to Celtic across the past decade.

“Ian has provided great counsel and stability across a sustained period of growth and success for the Club, and I wish Ian and his family well for the future.

“We will ensure that we work very closely with Ian over the next few months to deliver a smooth and effective transition prior to announcing his successor.”

Michael Nicholson followed, stating: “I would like to wish Ian the very best for the future.

“Ian has led the board with great skill and dedication during an important time in the Club’s history and a period of success on and off the field. 

“Throughout, Ian has been a source of constant support for all members of the Board, and we are all grateful to him for that.”

Photo by Ian MacNicol/Getty Images

There have been several changes behind the scenes at Celtic in the last few years, which was kick-started by the departure of long-term CEO Peter Lawwell in the summer of 2021.

Bankier becomes the latest name to leave a crucial role at the club, with many supporters calling for changes in these positions across recent years.

We now await further announcements from Celtic in the coming weeks and months regarding who will be the person to replace Bankier going forward.

This move will certainly kickstart the debate about what fans want to see from someone in this role.

In other news, Report: Celtic reject £3.5m bid for defender.