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Monday 5 December 2016

FitzPatrick only got into banking for a home loan

Edel O'Connell

Published 10/01/2011 | 05:00

THE vilified former head of Anglo Irish Bank, Sean FitzPatrick, claims he never planned to be a banker.

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The son of a small dairy farmer and a civil servant, Mr FitzPatrick told how he first applied for a job with a Dublin bank in a bid to secure a personal loan.

Hailing from a modest background, Mr FitzPatrick admitted he was never "academically minded", and instead dreamed of one day playing rugby for Ireland.

After completing his Leaving Certificate, Mr FitzPatrick travelled to London where he found work on building sites. He later returned home to undertake a degree in commerce at UCD.

After qualifying, he got a job with the Dublin office of Atkins Chirnside & Co.

He said securing a loan to buy a house with his first wife, Catriona O'Toole, was his primary motivation behind applying for a job with The Irish Bank of Commerce, which was offering preferential loans to employees.

"I had no idea I was going to make a career in banking. I just wanted a loan really," Mr FitzPatrick said.

Irish Independent

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