- Eugene Sheehy
Eugene J. Sheehy (born
1954 inDublin ,Republic of Ireland ) is Group Chief Executive ofAllied Irish Bank Plc. He was educated at Salesian College,Limerick .He joined AIB in
1971 when he was 17 years old and spent 20 years in retail banking, including branch manager appointments in a number of Dublin branches at Capel Street, Dame Street andPhibsboro ugh.He executed a radical overhaul of AIB's branch banking operation in 1992 which entailed new and, in the view of many, unpopular changes to work practice. He also brokered a deal with staff to secure implementation. He was appointed General Manager, Retail Operations in 1999, and Managing Director, AIB Bank (Republic of Ireland) in 2001. He was appointed Chief Executive Officer of AIB's USA Division and six weeks later Executive Chairman-Designate of Allfirst Financial Inc in March 2002 when it was in melt-down following the activities of
John Rusnak .Sheehy was appointed Chairman and CEO, Mid Atlantic Division,
M&T Bank , and to the Executive Management Committee and Board of M&T in April 2003, following the merger of Allfirst and M&T. Appointed AIB Group Chief Executive-Designate in March 2005, co-opted to the BoardMay 12 2005 , and assumed responsibility as Group Chief Executive with effect fromJuly 1 2005 .Sheehy has managed to avoid most of the controversy that affected his predecessors Michael Buckley, Tom Mulcahy and Gerry Scanlon at the bank. [ [http://www.unison.ie/business/stories.php3?ca=80&si=1791475 "Irish Independent", 10 March 2007] ] This included the
John Rusnak affair, foreign exchange overcharging and the Deposit Interest Retention Tax evasion issue.References
ee also
*
Allied Irish Bank
*M&T Bank
Wikimedia Foundation. 2010.
