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’
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 the pandemic’s immediate ...
