New chief executive ‘within months’

A NEW chief executive should be in place at AIB within the next two to three months, the bank claimed yesterday.

Management at the bank led by executive chairman David Hodgkinson said yesterday, in the aftermath of the company’s full-year financial results announcement, that its strategic review is now complete.

Mr Hodgkinson, who joined AIB last November, said while the recent Central Bank stress tests on the main banks held up the process somewhat, it is hoped that a new chief executive can be named towards the end of the current quarter, or early in the third quarter of the year.