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European Bank for Reconstruction and Development.

Dáil Éireann Debate, Wednesday - 7 February 2007

Wednesday, 7 February 2007

Questions (105)

Trevor Sargent

Question:

183 Mr. Sargent asked the Minister for Finance the nomination procedures that were applied when recently filling Ireland’s membership position on the European Bank for Reconstruction and Development. [4071/07]

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Written answers

The nomination procedures applied were those required in the appointment of Directors of the European Bank for Reconstruction and Development. The Directors of the Bank are nominated by the Governors representing the member countries in a particular constituency. As the Deputy will be aware, Ireland is a member of a constituency with Denmark, Lithuania and FYR Macedonia.

The Bank makes the appointment following a vote by the Governors of the constituency. In my capacity as Governor for Ireland I nominated Ms Anne Counihan as Director and when the present Danish occupant of this post resigns, the relevant Governors will vote on Ms Counihan's appointment.

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