Anglo Irish Bank Corporation Limited - Board Changes

The Board of Anglo Irish Bank Corporation Limited (the “Bank”) announces the appointment of Dr. Noel Cawley, Aidan Eames and Gary Kennedy as Non-executive Directors of the Bank.

Dr. Noel Cawley is chairman of Teagasc and a Director of Bord Bia and One51 plc.  He was previously Chief Executive of the Irish Dairy Board and Chairman of the Irish Horse Board. 

Aidan Eames is a commercial lawyer and Managing Partner of Eames Solicitors, Dublin. He is a Director of Bord Gáis Éireann and is Chairman of their Risk Committee.  He has served as Chairman and Board Member of a number of private and state enterprises and acts as advisor to leading commercial and technology companies. 

Gary Kennedy is a Director of Elan Corporation, plc, Greencore Group plc, Friends First General Insurance Company Limited and Travelport Limited. He is also a Director of a number of private companies. Previously, he was Group Director, Finance and Enterprise Technology at Allied Irish Banks plc and was a member of its main board. Prior to that he was group vice president at Nortel Networks Europe after starting his management career at Deloitte & Touche. He served on the board of the Industrial Development Authority of Ireland for 10 years and also on the board of Calyx Group plc.

Commenting on the appointments, Alan Dukes, Chairman Designate of the Bank said, “We are delighted to welcome Noel, Aidan and Gary, who have a wealth of experience to our Board. We are confident they will make a significant contribution as we continue our efforts to stabilise and de-risk the Bank.”

-Ends- 

25 May 2010  

Billy Murphy/ Martha Kavanagh
Drury Communications
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