UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

 Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the date of 1801 ~~November~~December 2014

ALLIED IRISH BANKS, public limited company

 Bankcentre, Ballsbridge, Dublin 4, Republic of Ireland

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F..X... Form 40-F.....

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ..... No ..X...

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________

18FOR ~~November~~IMMEDIATE RELEASE 1 December 2014

~~AIB~~ALLIED -IRISH ~~VALUATION~~BANKS, P.L.C. ANNOUNCES NEW CHAIRMAN EFFECTIVE START DATE

Further to the bank's Stock Exchange release on 14 July 2014, Allied Irish Banks, p.l.c. ("AIB") ~~notes~~announces ~~media~~that ~~coverage~~Mr. ofRichard ~~the~~Pym ~~Minister~~will ~~for~~succeed ~~Finance's~~Mr. ~~comments~~David inHodgkinson ~~relation~~as toNon-Executive ~~the~~Chairman ~~bank~~with ~~made~~effect from 1 December 2014. David will remain on ~~Monday,~~the 17Board ~~November~~as a Non-Executive Director until 18 December 2014.

AsChief ~~previously~~Executive ~~stated~~David byDuffy ~~AIB,~~paid ~~most~~tribute ~~recently~~to inDavid ~~the~~Hodgkinson ~~bank's~~for ~~Interim~~his ~~Management~~work ~~Statement~~over ofthe 10last ~~November~~four ~~2014~~years, ~~AIB~~stating ~~has~~"David ~~c.523~~deserves ~~billion~~immense ~~ordinary~~credit ~~shares~~for inhis ~~issue,~~determination ofin ~~which~~helping ~~99.8%~~AIB ~~are~~to ~~held~~recover byand ~~the National Pensions Reserve Fund Commission ("NPRFC")~~stabilise. ~~500~~He ~~billion~~joined ~~of these ordinary shares were issued to~~ the ~~NPRFC~~bank inas ~~July~~Chairman ~~2011~~during at a ~~price~~period of ~~€0.01~~extreme ~~per~~crisis ~~share.~~and ~~Based~~has onled the ~~number~~company ofthrough ~~shares~~a ~~currently~~turbulent inand ~~issue~~difficult ~~and~~time. ~~the~~I ~~closing~~have ~~share~~worked ~~price~~closely ofwith 17him ~~November~~since ~~2014,~~I joined AIB ~~trades~~in onDecember a2011 ~~valuation~~and ~~multiple~~deeply ofappreciate ~~c.6x~~his ~~(excluding~~support ~~2009~~since ~~Preference~~then. ~~Shares)~~AIB 30welcomes ~~June~~Richard ~~2014~~as ~~Net~~Chairman ~~Asset~~and ~~Value~~we ~~(NAV).~~look ~~AIB~~forward ~~continues~~ to ~~note~~working ~~that~~together ~~the~~as ~~median~~we ~~for~~continue ~~comparable~~to ~~European~~build ~~banks~~for isthe ~~c.1x NAV.~~future"

-ENDS-

For further information, please contact:

Enda Johnson Head of Corporate Affairs & Strategy AIB Bankcentre Dublin Tel: +353-1-772 6010 email: enda.m.johnson@aib.ie

David O'Callaghan	Kathleen Barrington
Company Secretary	Media Relations Manager
AIB Bankcentre	AIB Bankcentre
Dublin	Dublin
Tel: +353-1-6414672	Tel: +353-1-7721382
email: david.a.o'callaghan@aib.ie	Email : Kathleen.m.barrington@aib.ie

 ALLIED IRISH BANKS, p.l.c.

(Registrant)

Date: 1801 ~~November~~December 2014

By: ___________________

Mark Bourke

Chief Financial Officer

Allied Irish Banks, p.l.c.

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