IBOA: Pay call for new AIB boss 'beggars belief'

The head of a group representing bank workers said today that it "beggars belief" that AIB could look at offering their new chief executive more than the Government-imposed salary cap.

The comment from the Irish Bank Officials Association (IBOA) comes after bank's executive chairman David Hodgkinson has been speaking of the difficulties in recruiting a quality candidate, who would not be paid the going international rate.