Allied Irish Banks Plc

Allied Irish Banks Plc

Sector: National Commercial Banks Region: Ireland

: | Irish Stock Exchange: AIB

Similar to: BNP Paribas SA, Cullen/Frost Bankers, Inc., Citizens Holding Co. (Mississippi)

Allied Irish Banks Plc operates as a bank holding company, which operates through its subsidiaries, offers commercial banking, international banking, leasing, insurance and mortgage banking. The company operates in four segments: Domestic Core Bank, AIB UK, and Financial Solutions Group. The Domestic Core Bank provides services the personal, business and corporate customers of AIB in the Republic of Ireland, to wealth management services and has a strong presence in all key sectors including SMEs, mortgages, personal and corporate banking. All owner occupier mortgages in the Republic of Ireland are reported in DCB. This segment also includes the bank's treasury and capital markets functions. The AIB UK segment comprises retail and commercial banking operations in Great Britain operating under the trading name Allied Irish Bank (GB) and in Northern Ireland operating under the trading name First Trust Bank. UK Structured Lending Services deals with AIB UK customers in difficulty within one centre of expertise. The Financial Solutions Group segment is dedicated to supporting business and personal customers in financial difficulties on a case by case basis and Third Party Servicing of NAMA loans. Non-impaired loans connected to customers in financial difficulty are also reported in this segment. Allied Irish Banks was founded on September 1, 1966 and is headquartered in Dublin, Ireland.

Latest Media

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Irish Dairy Sector: The Challenges and the Opportunities (Anne Finnegan)

Anne Finnegan (AIB Agri Strategy Manager) outlines the performance of the Irish dairy sector over the past few years, the outlook for the future, and AIB's role in supporting dairy farmers.

Allied Irish Banks Plc video

Irish Dairy Sector: The Challenges and the Opportunities (Anne Finnegan)

Allied Irish Banks Plc video

AIB Economic Overview March 2012

Allied Irish Banks Plc video

Ireland's Government Takes Control of Allied Irish


David Hodgkinson, Chairman
Mr Hodgkinson was Group Chief Operating Officer for HSBC Holdings plc from May 2006 until his retirement from the company in December 2008. During his career with HSBC, he held a number of senior management positions in the Middle and Far East, and Europe, including as Managing Director of The Saudi British Bank, and CEO of HSBC Bank Middle East. Mr Hodgkinson, who joined HSBC in 1969, has also served as Chairman of HSBC Bank Middle East Limited, HSBC Bank A S Turkey, Arabian Gulf Investments (Far East) Limited and HSBC Global Resourcing (UK) Ltd. He was a Director of HSBC Bank Egypt SAE, The Saudi British Bank, Bank of Bermuda Limited, HSBC Trinkaus Burkhardt and British Arab Commercial Bank. Mr Hodgkinson joined the Board as Executive Chairman on 27 October 2010. He has been Chairman of the Nomination and Corporate Governance Committee and a member of the Remuneration Committee since January 2011. (Age 60)
David Duffy, Chief Executive Officer
Mr Duffy joined AIB in December 2011 as Chief Executive Officer and member of the Executive Committee. He has held a number of senior roles in the international banking industry including, most recently, the position of Chief Executive Officer at Standard Bank International covering Asia, Latin America, the UK and Europe. He was previously Head of Global Wholesale Banking Network of ING Group and President and Chief Executive Officer of the ING franchises in the US and Latin America. Mr. Duffy was co-opted to the Board on 15 December 2011. (Age 50)
Bernard Byrne, Director of Personal & Business Banking
Mr. Byrne joined AIB in May 2010 as Group Chief Financial Officer and member of the Group Executive Committee. He began his career as a Chartered Accountant with PricewaterhouseCoopers (PwC) in 1988 and joined ESB International as Commercial Director in 1994. In 1998 he took up the post of Finance Director with IWP International Plc before moving to ESB in 2004 where he held the post of Group Finance and Commercial Director until he left to join AIB. Mr. Byrne was co-opted to the Board on 24 June 2011. (Age 43)

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