Leading project management consultancy the PM Group has announced the appointment of Kevin Kelly as Chairman of the Board.

AIB announced yesterday that former CRH chief executive Don Godson has retired as a non-executive director, with effect from December 31, 2007, a “long and distinguished service”.

THE four executive directors of AIB received a 21% hike in salaries and bonuses last year to over €4 million, according to the bank’s annual report for 2004, which was sent to shareholders yesterday.

By Conor Keane IRISH shares plummeted yesterday with 2 billion euro wiped off their value.