Buckley to step down in four weeks
30/05/2005 - 14:36:50AIB group chief executive Michael Buckley is to step down from his post in four weeks time, he announced today.
Mr Buckley indicated earlier this year that the length of the handover period between him and the new chief executive would depend on whether an internal or external candidate was selected.
The appointment of Eugene Sheehy, who has more than 30 years experience in a variety of roles with AIB, led Mr Buckley to decide that a lengthy handover period was not necessary. He is to step down as chief executive at the end of June.
At Mr Sheehy's request, Mr Buckley will continue as AIB’s representative on the Board of M & T Bank until April 2006.
