FBD will pay former chief executive Andrew Langford close to €180,000 this year in consultancy fees, according to the insurer’s 2015 annual report. FBD said it will pay Langford €16,300 per month in consultancy fees from February 2016 until December 2016 for making “his services and time available to the company”.

Should Langford have full-time employment elsewhere, FBD said it will not pay the consultancy fees.