
Eugene Sheehy
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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Ireland:
Eugene Sheehy was the chief executive of AIB who stated the bank would rather die than raise equity.
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Ireland:
Eugene Sheehy ruled out a bailout for AIB, stating, 'We’d rather die than raise equity.'
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