Francesca McDonagh, chief executive of Bank of Ireland: her tenure has not been without controversy. Picture: Naoise Culhane
Just two months ago, Francesca McDonagh lamented how she was being forced to run a bank with “one arm tied behind her back” due to restrictions on bankers’ pay and bonuses.in what now looks very much like her final salvo at forcing change on the matter, the Bank of Ireland chief executive described the crisis-era pay caps at the time as “out of step with reality”...
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Matt Cooper: McDonagh’s departure from BoI brings bankers’ pay back into focus | Business PostIf politicians insist that the bank’s new boss is paid a maximum of €500,000, the share price will likely fall further and Irish pension funds may suffer, cooper_m writes. cooper_m Won't somebody think of the half a million a year bankers?
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