Somers: Salary on offer hindering search for new AIB chief executive

AIB has approached some candidates to take on the role of chief executive but they turned down an offer due to pay.

According to former National Treasury Management Agency chief and AIB director Michael Somers, the government pay ceiling is hindering the lender’s search for a chief executive.

“The money on offer certainly is a major factor because I know they have approached some people and they wouldn’t do for the money on offer,” he said yesterday.