Lenihan welcomes IL&P chief’s ‘decision to resign’

FINANCE Minister Brian Lenihan issued a short statement last night welcoming Denis Casey’s resignation after effectively forcing the Irish Life & Permanent chief executive to step down.

“[On Thursday] I stated the board of Irish Life and Permanent must discharge its responsibilities in relation to the serious matters that have arisen,” Mr Lenihan said.

“I welcome Mr Casey’s decision to resign from his position in the group. This is an essential first step in repairing the reputational damage done to the Irish financial system.”