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Bowler to leave top post at IL&P

GILLIAN Bowler is the final banker to quit her board position in the wake of the 2008 financial crisis.

Ms Bowler (right) will step down as chairwoman and a director of Irish Life & Permanent in the new year after a successor is appointed.

Last year it emerged that IL&P had made a controversial loan of €8bn in late September 2008 which cleared the way for disgraced Anglo Irish Bank to falsify its balance sheet for that financial year.

IL&P has not been the subject of a bank bailout by the State due to its lack of exposure to the inflated property market.

Ms Bowler, the former head of Budget Travel, recently set up ClickandGo.com, a new travel company for the Irish market.