The former CEO of AIB Eugene Sheehy, who resigned at the height of the banking crisis, has been appointed to a senior position with M&T Bank in the US, RTÉ News has learned.
Mr Sheehy is now Senior Vice President and Integration Executive at M&T Bank.
He took up the position earlier this year to assist with the bank's entry into the New Jersey market.
Mr Sheehy left AIB in 2009 after the bank was bailed out by the Irish State.
The bank received total funds of almost €21 billion from the government and is 99.8% State-owned.
Mr Sheehy appeared at the banking inquiry last year and said he felt "deep disappointment" on a daily basis following the collapse of AIB.
Mr Sheehy has a previous connection with M&T Bank in US. It bought a subsidiary of AIB called Allfirst in Maryland.
Mr Sheehy was appointed to run Allfirst in 2002 following revelations that a currency trader at the US bank, John Rusnak, covered up $691 million in losses over five years.
