AIB announces Sheehy will succeed Buckley

AIB has announced that Eugene Sheehy will be the group’s new chief executive, to succeed Michael Buckley on his retirement in April.

Mr Sheehy is currently chairman and CEO of the Mid-Atlantic Division of M&T Bank.

AIB group chairman Dermot Gleeson said: "Eugene will bring a valuable mix of both internal and external experience to the role.

“He combines a 30-year career in AIB, during which he held a variety of key posts, with three years working at the very highest levels in M&T, one of the most successful banks in the United States.”