AIB internal auditor joins Kuwaiti company

AIB has announced that its group internal auditor, Paul Shantz, is to leave the company to join Kuwait-based Alghanim Industries as director of internal audit. Mr Tony Schatzel, a partner in Ernst & Young specialising in internal audit, has been appointed as Mr Shantz’s successor.

Mr Shantz, who joined AIB in 2003, said: “I joined AIB to develop and oversee the implementation of a new internal audit structure and strategy. Having completed that task to the approval of the AIB Board I felt the time was now right to move on to a new challenge.”