Seán FitzPatrick
Irish banker (1948–2021) / From Wikipedia, the free encyclopedia
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Seán FitzPatrick (25 May 1948 – 8 November 2021) was an Irish banker who was chief executive and then chairman of Anglo Irish Bank, until he resigned in December 2008 amid mounting revelations over hidden loans.[1] The scandal precipitated a collapse of the bank's share price which in turn led to its nationalisation on 21 January 2009. He was declared bankrupt in 2010. He was later prosecuted but acquitted of any criminal offence in relation to his role in the banking crisis.
Seán FitzPatrick | |
---|---|
Born | (1948-05-25)25 May 1948 |
Died | 8 November 2021(2021-11-08) (aged 73) |
Nationality | Irish |
Known for | Chairman of Anglo Irish Bank |
FitzPatrick qualified as a chartered accountant, and was appointed as Chief Executive of Anglo Irish Bank in 1986. He led the Bank through a series of mergers and strong subsequent growth into a position amongest the largest banks in the country, though it became over-concentrated in the property development sector.