Oireachtas Joint and Select Committees
Thursday, 14 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Richard Burrows:
Yes, it did. The strategy changed. As we referred to it earlier, the strategy presented by Mr. Soden when ... after he had been recruited, was for much more ambitious growth than had been the case before and so therefore there was a step change, and that was in response to a feeling that Bank of Ireland was underperforming in terms of the expectations of our shareholders and that's why that strategy was developed and pursued.
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