Company Watch: AIB chief is confident about bank’s post-lockdown future

Colin Hunt says clear strategy will allow AIB to ‘generate sustainable shareholder returns and meet medium-term targets by 2023’

9th May, 2021
Company Watch: AIB chief is confident about bank’s post-lockdown future
Colin Hunt, chief executive of AIB: ‘The implementation of our strategy is well under way and positions us well for the future.’ Picture: Fergal Phillips

A week before the reality of the Covid-19 pandemic began to register in Ireland in March 2020, Colin Hunt was busy announcing AIB’s new medium-term plans.

The bank’s chief executive outlined its intention to shave further costs as it transitioned to a more digital-focused lender and he also set targets for capital and shareholder returns.

If he had hoped to gain momentum in achieving his targets, Hunt was no doubt disappointed by...

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