Directors: BoI chief ‘right man for job’

Bank of Ireland chief executive Richie Boucher is the right man for the job, according to its public interest directors, Joe Walsh and Tom Considine.

Appearing before the Oireachtas Finance Committee, the pair said there had been an extensive search for the right candidate with the board of directors coming to the unanimous decision to appoint Mr Boucher.

Fine Gael TD Kieran O’Donnell had criticised both public interest directors for rubberstamping the appointment of Mr Boucher as he had been a senior executive with the bank in the years leading up to the crisis. Moreover, Mr Boucher had been responsible for introducing 100% mortgages, said the Limerick TD.