AIB and arrogance
Madam, – I have been an AIB customer for 35 years. I agree totally with the sentiment expressed by John McManus (Business Opinion, October 19th) concerning the arrogance of AIB in advocating the appointment of an insider to the position of chief executive.
The taxpayers of this country and the customers of those banks seeking State support need competent leadership with a fresh mandate, unencumbered by the collective decisions and culture that bought these banks to the pathetic, pitiful position they are now in.
The appointment of new leadership in all of these banks is a matter of fundamental credibility. Having committed €11 billion of taxpayers’ resources, so far, the voice of the Minister for Finance on this matter had better prevail, if public confidence in Irish banks and building societies is not to evaporate. – Yours, etc,