 Sheehy has managed to avoid most of the controversy that affected his predecessors Michael Buckley, Tom Mulcahy and Gerry Scanlon at the bank.This included the John Rusnak affair, foreign exchange overcharging and the Deposit Interest Retention Tax evasion issue.Sheehy retired alongside Chairman Dermot Gleeson and Finance Director John O'Donnell in 2009, following the Irish banking crisis.