Pym to leave Co-op Bank to chair AIB

The chairman of the Co-op Bank, Richard Pym, has announced he will stand down later this year to take up a similar role at Allied Irish Banks (AIB). Pym had already told the Co-op he was leaving and the lender is seeking his replacement. He will become a non-executive director and chairman-designate at AIB from October.

AIB chair David Hodgkinson will retire in December.

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