Eugene Sheehy

Eugene Sheehy

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Eugene Sheehy served as the chief executive of Allied Irish Banks (AIB) during a tumultuous period leading up to the 2008 financial crisis. He was at the helm when AIB reported significant profits shortly before the crisis hit, only to later face substantial losses that led to his resignation in 2009 amid a government bailout of the bank.

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Recent news mentions

Eugene Sheehy was the chief executive of AIB during the time of Gary Keogh's protest.

egg-throwing bane of AIB bankers dies – The Irish Times
The Irish Times – major Irish daily, est. 1859·IrelandIreland· 2025-11-30
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Eugene Sheehy was the chief executive of AIB who stated the bank would rather die than raise equity.

How AIB, once worth less than its art collection, came back from the brink – The Irish Times
The Irish Times – major Irish daily, est. 1859·IrelandIreland· 2025-06-20
4.0

Eugene Sheehy ruled out a bailout for AIB, stating, 'We’d rather die than raise equity.'

How AIB went from boom to bust and back again – The Irish Times
The Irish Times – major Irish daily, est. 1859·IrelandIreland· 2025-06-18
4.0