Banking

Senior Davy executive departs board role at company suing stockbrokers parent Bank of Ireland

Pat Cooney, the head of wealth management at Davy and one of the most senior executives in the firm, resigned from the board of Ailmount Investments at the end of July

Pat Cooney, the head of wealth management at Davy and one of the most senior executives in the firm, has resigned from the board of a company that is currently suing the stockbroker’s owner, Bank of Ireland.

Recent filings with the companies office (CRO) show that Cooney has recently resigned as a director of Ailmount Investments Ltd, which is a company controlled by a number of former Davy shareholders including top management figures such as ...