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Bank official is the second Anglo Irish executive to take his own life

A SENIOR executive with Anglo Irish Bank became the second employee of the troubled financial institution to take his own life.

Edward Grealis, 45, a former treasury manager in the bank's Dublin headquarters, was found in an outhouse on his parents' home on Achill Island in Co Mayo on Tuesday, shortly after attending his grandfather's funeral

Mr Grealis, a native of the island, lived in Barna in Galway with his wife, Siobhan, and their four children. He worked for many years in Anglo's headquarters in Dublin and for a time was treasury manager for its US division. He later moved to work for Anglo in Galway.

The death of Mr Grealis has left his community and his colleagues shocked.

It is the second time in less than a year that such a tragedy has hit Anglo. Stephen Doyle, a supervisor with Anglo, took his own life last September.

In that case, Mr Doyle, who was aged just 32, was reportedly upset by the public anger directed towards the failed bank. Mr Doyle was also a husband and a father of two young children.

Such factors are not apparent in Mr Grealis' death, which has shocked both his community and colleagues in the business world.

He was regarded locally as a prosperous and successful professional. He was at one time involved in a property firm, which was dissolved a number of years ago.

He was also deeply involved in his local community and was active in his local GAA club, as a player and later as a football coach. Barna GAA Club posted a tribute to Mr Grealis on its website last week describing him as an integral part of the club.

Mr Grealis, known as Eddie, was buried on Friday on Achill Island.

Sunday Independent