Richard Pym

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AIB chief executive Bernard Byrne: his basic salary increased by 4.3 per cent to €500,000, the maximum allowed under the Government’s salary cap

The total remuneration paid by AIB to its directors last year fell by more than 6 per cent to just under €2.5 million, in spite of increases in the ba(...)

UK firms are looking to the Republic for a post-Brexit bolthole, but it may lead to staffing issues, warns AIB’s Richard Pym. Photograph: Eric Luke

Taoiseach Enda Kenny this week signalled his intention to bring the curtain down on 15 years as Fine Gael leader – but not before he takes to the stag(...)

AIB received a €20.8bn taxpayer bailout during the financial crisis while the State continues to hold an almost 14% stake in Bank of Ireland as a consequence of that emergency.

The chairman of AIB has warned the Minister for Finance that the bank may face staffing problems because it remains shackled by Government-imposed pay(...)

“I think of it like one of those Road Runner cartoons, you know where Wile E Coyote is chasing Road Runner, and continues the chase over the edge of the cliff”

It has been another busy week on the Brexit front, with the Bank of England governor, Mark Carney, announcing that he will remain in his post until af(...)

AIB chairman Richard Pym: non-performing loans on AIB’s balance sheet are now “contained and well-provided for”. Photograph: Eric Luke/The Irish Times

AIB is close to being in a position to pay a “prudent dividend” to the State, its chairman Richard Pym told the Institute of International and Europea(...)

AIB chairman Richard Pym: “As a bank we consider economic risk and the risks arising from a Brexit are extremely high.”  Photograph: Eric Luke

AIB staff have been warned to brace themselves for an intense period of market volatility in and around the UK’s vote on EU membership on Thursday. (...)

AIB chairman Richard Pym: said the bank had “comprehensively reviewed” its reporting on non-performing loans and provisions. Photograph: Aidan Crawley/Bloomberg

We’ve been hearing for weeks now how the recovery in the wider economy is in full swing, but there was a reminder in recent days of the very different(...)

Capital base: With Minister for Finance Michael Noonan recently signalling that a 25 per cent AIB stake sale – or what’s being touted as an initial public offering – is likely to be delayed until 2017, chairman Richard Pym has a bit of time to dip into his piggy bank. Photograph: Bryan O’Brien

AIB chairman Richard Pym informed shareholders yesterday the outlook for the bank had not been as rosy in years. He knows better, though, than to buy(...)

    AIB chief executive Bernard Byrne and  chief financial officer Mark Bourke: Speaking   after the bank’s annual general meeting on Tuesday, Mr Byrne said AIB wasn’t coerced by Finance Minister Michael Noonan or other political forces when it announced a standard variable rate cut earlier this month. Photograph: Eric Luke/The Irish Times

Joe Brennan AIB chief executive Bernard Byrne has insisted the State-owned bank doesn’t cave to political pressure to lower mortgage rates. AIB has (...)

AIB chairman Richard Pym has held the position of chairman of UK Asset Resolution Limited since 2010. (Photograph: Eric Luke / The Irish Times)

AIB chairman Richard Pym is to step down as chairman of the UK’s so called ’band bank’, UK Asset Resolution Limited (UKAR), in June 2016. Mr Pym has(...)

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