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State Banking Sector

Dáil Éireann Debate, Wednesday - 18 April 2012

Wednesday, 18 April 2012

Questions (160)

Gerry Adams

Question:

145 Deputy Gerry Adams asked the Minister for Finance the number of the top 50 executives in Anglo Irish Bank at the time of the bank guarantee in 2008 that remain in situ today. [18205/12]

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Written answers

Since nationalisation there has been an extensive re-structuring of the governance and management of IBRC. As of today, none of the current executive or non-executive directors of the Bank were involved with the Bank prior to nationalisation. None of the direct reports into the Group Chief Executive, Mike Aynsley, were direct reports to the previous Chief Executive at the end of 2008. In addition, of the 50 most senior people employed pre-nationalisation, 34 have since left the Bank.

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