20/05/2010

Quinn's Top Executive Quits

The boss of beleagured Quinn Insurance, Colin Morgan, has "decided to leave the company" after it was placed into administration in March when Ireland's financial regulator raised concerns about its solvency.

The company's Chief Executive Officer has been with the firm for seven years, and said yesterday he was sure it would "recover from current difficulties", but that "it is an opportune time for me to pursue other opportunities in my career".

Founder, Sean Quinn has already stood down from the board of the troubled Quinn Group. See: Quinn Steps Back As Stormont Steps In

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