Wednesday November 25, 2020

Meet the new boss, same as the old boss

The bank boards are stuffed with the same old faces, writes David Clerkin, Markets Correspondent

21st November, 2009

When is a clearout not a clearout? AIB was the latest bank to tweak its top personnel at the behest of Minister for Finance Brian Lenihan last week, but Lenihan may be finding out the hard way that regime reshuffle is a poor substitute for regime change.

Despite much tough talk over the past year of the need for a boardroom clearout across all the banks and building societies bailed out by the government guarantee,...

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