Dáil Éireann Debate, Wednesday - 24 October 2012
51. Deputy Gerry Adams asked the Minister for Finance if he will provide in tabular form a breakdown of the Banks in which the Government has appointed public interest directors; when the Directors were appointed; the names of same; and the remuneration they receive for their position as a public interest director. [46641/12]
View answerAs the Deputy will be aware this Government has not appointed any public interest directors to the boards of the Covered Banks since taking office. The details of public interest appointed are shown in the table below. Information regarding the remuneration of directors, including public interest directors, can be found in the published annual reports of each of the covered institutions.
|
Bank |
Public Interest Directors |
Date of Appointment |
Fees 2011 € |
Directors’ Remuneration Report |
|
AIB |
Mr Dick Spring |
January 2009 |
59,000 |
From p380 of Annual Report 2011 |
|
BOI |
Mr Tom Considine Mr Joe Walsh |
January 2009 January 2009 |
90,000 79,000 |
From p160 of Annual Report 2011 |
|
PTSB |
Ms Margaret Hayes Mr Ray MacSharry |
December 2008 December 2008 |
64,000 56,000 |
From p60 of Annual Report 2011 |
Dr Michael Somers is a Government Nominee (not a Public Interest Director) appointed to the AIB board on 14 January 2010 under the terms of NPRFC’s investment of €3.5bn in AIB of May 2009.
