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Appointment of Richard Pym as AIB Chairman welcomed by Minister for Finance
The Minister for Finance Michael Noonan TD, today (14 July 2014) welcomed the appointment of Mr Richard Pym as Chairman of AIB Group plc. Commenting on the announcement by AIB earlier today the Minister said:
“I am pleased to welcome Mr Richard Pym to his new role at what is an important time for the bank as it continues its transitions from a period of restructuring into one of recovery. Mr Pym has a wealth of experience in the UK banking sector and I am confident that he we will prove to be a strong Chairman of AIB Group plc . I look forward to working with Mr Pym to ensure AIB continues to make progress so that it can support the recovery taking place in the Irish economy and begin to return capital to the State.”
The Minister also thanked the outgoing Chairman David Hodgkinson commenting:
“David Hodgkinson took on the role of Chairman of AIB at what was a very difficult time for the bank and the country. He was also required to serve as an Executive Chairman of the bank for a period when AIB was without a Chief Executive. I wish to thank him for his significant contribution over the last four years in steering the bank.”