Interim chairman of AIB appointed

David Hodgkinson has today been appointed as interim chairman at AIB, subject to regulatory approval.

Mr Hodgkinson says his objective is to work closely with all AIB stakeholders to tackle the serious challenges which confront the bank.

The Minister for Finance Brian Lenihan is welcoming the move, saying Mr Hodgkinson's leadership will be critical in enabling AIB to overcome its current challenges and play its full part in Ireland’s economic recovery.