Gleeson sets the tone for AIB AGM

FOR a bank that earns €4m a day in profits AIB’s annual general meeting is not a terribly edifying affair.

It is getting to the point where hostility is strong in both directions from the top table to the small core of adversaries who have dogged the meeting in recent years. Chairman Dermot Gleeson set the tone early on when he floored his chief adversary, Niall Murphy, who claimed company law allowed him to ask as many questions as he liked at an annual general meeting.

It looked game set and match to Mr Murphy who had a tome of company law in his hand as he attempted to stamp his mark on the proceedings.