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Outgoing AIB boss received €2.7m

Colm Doherty - Will receive €203,000 annual pension
Colm Doherty - Will receive €203,000 annual pension

AIB's annual report for 2010 shows that former managing director Colm Doherty received a total of €2.7 million.

The report also shows that Mr Doherty - who left the bank last November - will receive an annual pension of €203,000 when he retires.

He was paid a salary of €432,000 for the period, but he also received €953,000 because of the early termination of his contract.

Other payments related to Mr Doherty’s pension arrangements.