Profile, David Drumm: published November 25, 2007
Seeing your share price halve in the space of six months is enough to make any chief executive queasy. But David Drumm, the youthful boss of specialist property lender Anglo Irish Bank, has particular reasons to feel uneasy. Drumm is grappling with the biggest challenge of his three-year reign at Anglo, which has suffered a hammering from investors.
They have dumped the bank’s stock amid fears over its reliance on property lending, as the Irish...
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