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Opposition: 'Old Guard' still in place at AIB

Leo Varadkar.
18/11/2009 - 13:52:28
The Opposition is criticising the appointment of AIB executive Colm Doherty as managing director of the bank, saying that the "Old Guard" is still in place.

The Government has been claiming victory after AIB agreed the salary of its new managing director will be capped at the Government's limit of half a million euro.

The climbdown was announced this morning after 24 hours of controversy.

The bank had suggested that Mr Doherty would take up the position on his current salary of €633,000.

Fine Gael's Leo Varadkar said the real issue is that the job has been given to an 'insider'.



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