AIB chief to earn €500k wage

The new chief executive of bailed-out Allied Irish Banks (AIB) will earn the Government cap of half a million euro a year.

AIB chief to earn €500k wage
Tue, 22 Nov, 2011 - 18:15

The new chief executive of bailed-out Allied Irish Banks (AIB) will earn the Government cap of half a million euro a year.

International banker David Duffy was appointed despite Finance Minister Michael Noonan rejecting calls from the lender to increase the salary threshold.

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