THE former Anglo Irish Bank chief executive David Drumm has been on trial in Ireland on fraud conspiracy charges. He was charged with 33 offences linked to his running of the doomed bank after authorities succeeded in making him return from the US in 2016.
Born in November 1966 to a large middle-class family, Drumm grew up in Skerries, north Dublin, and was educated in the local Christian Brothers school. Instead of heading to university Drumm joined Deloitte and Touche where he qualified as a chartered accountant.
After five years in auditing working for two companies he joined Anglo Irish Bank as an assistant manager in 1993. He took a 40 per cent pay cut in doing so.
Anglo Irish Bank was founded in 1964, but it wasn't until Sean FitzPatrick became chief executive in the mid-1980s that the bank began to charge forward.
In 1997 Drumm was asked by Mr FitzPatrick to set up the lender's operations in the US. Along with his wife Lorraine and two young daughters, Mr Drumm moved to an affluent suburb in Boston where they stayed until 2002. On his return home he was promoted to the role of head of Irish lending.
At the age of 37, Drumm was named as successor to Mr FitzPatrick. He fended off the bank's number two for the previous 10 years, Tiarnan O'Mahoney.
By May 2007, two-and-a-half years after taking over the reins, Anglo's pre-tax profits had grown by almost 70 per cent.
That year the bank was worth €12.4 billion, ranking fourth on the Stock Exchange league table after Allied Irish Bank, building firm CRH and Bank of Ireland.
But Ireland's boom wasn't to last. Anglo was nationalised just one year later in November 2008. Its collapse cost Irish taxpayers €29bn (£22.4bn).
Mr Drumm resigned, along with two other executives, after hundreds of millions of euro worth of directors' loans were uncovered.
A few months later in early 2009, Mr Drumm and his family moved back to Massachusetts in the US where, in October 2010, he filed for bankruptcy. He wanted to write off personal debts worth €10.5 million (£8.2m).
It was the start of what was to become a five-year battle in the courts in Boston. During the proceedings, the Irish Bank Resolution Corporation - formerly Anglo Irish Bank – fought Mr Drumm's bid.
It was December 2015 before the bankruptcy matter was finally resolved: Mr Drumm lost and the courts upheld the original decision.
In March 2016 he was extradited from the US and charged.
His long-awaited trial got under way in January.
