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Thu 02 Feb 2009Resignation not linked to commercial issues - INBS
IRISH NATIONWIDE:IRISH NATIONWIDE has said that there were “no commercial issues” behind the decision of Dr Michael Walsh to resign as chairman after almost 14 years as a director of the building society.
The building society said in a statement released yesterday at lunchtime, following Dr Walsh’s sudden resignation the previous evening, that the board of Irish Nationwide “understands and fully accepts that he can no longer devote the increasing amount of time required to provide the necessary oversight and leadership in the current challenging times for all financial institutions”.
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