Allfirst Vice President among six to get the chop

Six executives of the AIB subsidiary Allfirst, including its Vice President and Treasurer David Cronin, have been sacked following the publication of the Ludwig Report.

A statement released this morning has also revealed that Allfirst directors Jerry Casey and Tom Mulcahy have stepped down. It further reveals that AIB’s Irish chiefs Michael Buckley and Lochlann Quinn offered to resign, but the Board agreed to unanimously endorse the positions of both men.