AIB Announces Changes to Group Structure and Top Management Team.Business Editors DUBLIN, Ireland--(BUSINESS WIRE)--Jan. 8, 2002 Allied Irish Banks Allied Irish Banks, p.l.c. (AIB) (Irish: Bainc-Aontas Éireann),ISEQ: ALBK, LSE: ALBK, NYSE: AIB, FWB: AIB is a commercial bank based in Ireland not to be mistaken for Anglo Irish Bank. AIB is one of the so called Big Four commercial banks in Ireland. , p.l.c. ("AIB AIB n abbr (BRIT) (= Accident Investigation Bureau) → oficina de investigación de accidentes AIB n abbr (Brit) (= Accident Investigation Bureau) → ") today announced a number of changes to its Group structure and top management team. Following the completion of a six month review of the Group support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services structure, the Group Finance and Group Risk functions are to combine under the leadership of Gary Kennedy. Gary will add the responsibility for Finance and Risk to his existing role as Managing Director of AIB Enterprise Networks and e Business Division (ENeB). His new title will be Group Director Finance, Risk and ENeB. Con O'Sullivan who is currently Head of AIB Group Finance and Corporate Services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. will be Gary's deputy and take on additional responsibilities across the full scope of Gary's role. Susan Keating, President and Chief Executive Officer of AIB's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Allfirst Financial Inc, is to join the AIB Group Executive Committee. Pat Ryan
Patrick Ryan (born September 28, 1955 in Winnipeg, Manitoba) is a Canadian curler originally from Edmonton, Alberta. Ryan is a former World Champion skip, and three time Brier champion. , currently a member of the Group Executive Committee and AIB Group Treasurer has announced that he is to retire from full time employment. Pat will remain involved with AIB on a part time basis to give strategic direction to a number of projects, notably the completion of the Group's preparations for satisfying the Basle II regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. . The AIB Group Executive Committee is chaired by AIB Group Chief Executive, Michael Buckley and is responsible for developing corporate strategy and overseeing the management of AIB Group. Following the changes announced today the members of the Group Executive Committee are now:-
Michael Buckley Chief Executive, AIB Group
Frank Bramble Chief Executive, AIB USA Division
Gerry Byrne Managing Director, AIB Poland Division
Colm Doherty Managing Director, AIB Capital Markets
Susan Keating President and Chief Executive,
Allfirst Financial Inc
Gary Kennedy Group Director Finance, Risk and ENeB.
Mike Lewis Head of AIB Group Strategic Human Resources
Aidan McKeon Managing Director, AIB Bank GB and NI
Eugene Sheehy Managing Director, AIB Bank ROI
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