Bank of Ireland’s new chief govt will be paid out almost €1mn, almost 2 times the degree of a controversial pay cap on top rated brass at Irish banking institutions that had been bailed out much more than a ten years back. Myles O’Grady, who was named to direct Ireland’s greatest financial institution on Monday, will obtain the identical €960,000 bundle as his predecessors — Francesca McDonagh, who moved to Credit score Suisse in September, and Ritchie Boucher, who was chief govt from 2009-17 — the lender verified. O’Grady, who takes the helm at a transformative time for the business with the exit of Belgian financial institution KBC and Ulster…