David Vs Goliath challenge for AIB

Shedding 2,000 jobs, restoring shaken morale, changing a disastrous culture and rebuilding the bank’s battered business are just some of the difficulties incoming AIB chief executive David Duffy will have to overcome, reports Kyran Fitzgerald

AIB took an important step on the long road to rehabilitation this week with confirmation of the appointment of Singapore-based David Duffy as group chief executive.

The bank has been operating under the experienced British banker, David Hodgkinson, since the departure of former chief executive, Colm Doherty.