Anglo Irish executives’ salaries to be reviewed after pay increases last year

WAGES of top Anglo Irish Bank staff will be reviewed in the coming months, the Department of Finance has confirmed.

Anglo Irish executives’ salaries to be reviewed after pay increases last year

The opposition yesterday said it was “stunned” to learn that Finance Minister, Brian Lenihan, approved pay increases to top bosses last July because of the “increased workload” facing the bailed-out bank.

The minister agreed to increase the salaries of the chairman and board members to levels above those recommended by an independent committee set up to examine bankers’ pay at institutions covered by the Government’s guarantee.

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