Spring and Collier appointed as AIB non-executive directors
Allied Irish Bank has appointed former tánaiste Dick Spring and the chief executive of the Dublin Airport Authority Declan Collier as non-executive directors.
Dick Spring is a former leader of the Labour Party and also held the position of Minister for Foreign Affairs from 1993 to 1997. He is executive vice chairman of Fexco Holdings, a chairman of International Development Ireland, Altobridge and Alder Capital and a director of Repak and The Realta Global Aids Foundation.
Declan Collier has been chief executive of the DAA since 2005 after working with ExxonMobil in Ireland and the UK. and is also the chairman of Aer Rianta.
The appointments form part of the Government’s €7.5bn bank capitalisation plan.
The pair were selected from a shortlist of 12 put forward by the Department of Finance.
Anglo Irish Bank, which was nationalised last week after the share price collapsed amid a loans-to-directors scandal, appointed former finance minister Alan Dukes and former head of the Revenue Commissioners Frank Daly to its board in December.
Bank of Ireland appointed former senior civil servant Tom Considine and former agriculture minister Joe Walsh as non-executive directors in the same month.
