Job moves

Purge at AIB
Six senior executives have left Allied Irish Banks (AIB) in the wake of the Rusnak scandal, including Allfirst treasurer David Cronin. The bank plans to appoint a chief risk officer and an adviser to the board on risk, following the completion of its internal investigation into the loss of $691 million at Allfirst, its US subsidiary.

Michael Buckley (right), chief executive of AIB, says the chief risk officer will perform functions now handled by group treasurer Pat

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