Fingleton to step down at end of month
Mr Fingleton’s imminent departure has been well flagged of late, although no firm timeframe for his leaving had been given until yesterday. He had hoped to retire at the end of February, when his already extended contract expired, but remained on following the sudden resignation of former chairman, Michael Walsh that same month.
Since then, Mr Fingleton sparked controversy over being found to be the sole beneficiary of a e27.6m pension fund pay-out and a e1m bonus he was paid last year — which has since been paid back by him, even though he wasn’t technically legally obliged to do so. The Government recently called the bonus payment “inappropriate” given that INBS was one of the six institutions reliant on State support.
