Fury at Lenihan claim bank chief’s salary too low

FINANCE Minister Brian Lenihan’s suggestion that people were not interested in the top job at Bank of Ireland because the pay was too low sparked outrage yesterday.

Defending the appointment of internal candidate Richie Boucher as the bank’s new chief executive, Mr Lenihan drew heavy opposition fire.

Independent Senator Shane Ross attacked the move as “the most disgraceful business appointment in living memory” and suggested BOI desperately needed an outsider to restore morale and confidence in the institution.