AIB boss Byrne to step down

AIB has been dealt another blow with chief executive Bernard Byrne announcing his plans to step down as chief executive of the bank.

Bernard Byrne started started his career in PWC, joining in 1988

In a statement this morning AIB said Byrne had informed the board he intended to leave in 2019 to pursue an opportunity elsewhere. His impending exit comes just weeks after AIB’s chief financial officer Mark Bourke also signalled he would be leaving to take up a role elsewhere.

The brain drain at the bank is likely to derail plans by the state to sell down more of its shareholding in AIB and increase ...