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Senior Davy executive departs board role at company suing stockbrokers parent Bank of Ireland

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As previously revealed by the Business Post, Ailmount Investments is currently suing Bank of Ireland over payments the former shareholders say they are owed as part of the bank’s €553 million acquisition of the stockbroker.

Pat Cooney, the head of wealth management at Davy and one of the most senior executives in the firm, has resigned from the board of a company that is currently suing the stockbroker’s owner, Bank of Ireland.

Recent filings with the companies office show that Cooney has recently resigned as a director of Ailmount Investments Ltd, which is a company controlled by a number of former Davy shareholders including top management figures such as ...

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Senior Davy executive departs board role at company suing stockbrokers parent Bank of IrelandPat Cooney, the head of wealth management at Davy and one of the most senior executives in the firm, resigned from the board of Ailmount Investments at the end of July
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Davy executive quits board of company suing Bank of IrelandA top Davy executive has quit the board of another business that is suing Bank of Ireland, the parent of the State’s biggest securities firm
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Davy executive quits board of company suing broker’s ownerHead of wealth management Pat Cooney resigned as director of Ailmount Investments via IrishTimesBiz
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