New AIB boss well equipped for challenges ahead

Bernard Byrne, the new boss of AIB, has many challenges ahead of him, but his strategy looks clear-eyed and focused

Bernard Byrne: the youngest chief executive in AIB’s historyTony O’Shea
Bernard Byrne: the youngest chief executive in AIB’s historyTony O’Shea

The series of disgraces and scandals inflicted on AIB’s shareholders and customers over the past quarter of a century are now behind it. Under the stewardship of the recently departed David Duffy and his team, the bank has made substantial progress in cleaning up its balance sheet, strengthening corporate governance, disposing of non-core assets, improving liquidity and, most importantly, gradually managing down the vast mountain ...