Dáil Éireann Debate, Tuesday - 13 November 2012
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Banking Sector Remuneration
193. Deputy Pearse Doherty asked the Minister for Finance in respect of Bank of Ireland, if he will provide a listing of the public interest directors appointed to that bank since 2008; the total remuneration paid to each such director and the date on which their appointments expire. [49476/12]
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 the public interest directors appointed to Bank of Ireland (BOI) are shown in the table below. Both of the Public Interest Directors in Bank of Ireland were appointed in January 2009. Information regarding the remuneration of directors, including public interest directors, can be found in the Bank’s published Annual Reports. There is currently no set expiry date relating to the public interest directors at BOI.
|
Fee Year |
Public Interest Directors |
Fees € |
Directors’ Remuneration Report |
|
2009* |
Mr Tom Considine Mr Joe Walsh |
79,000 80,000 |
From pgs 123 and 124 of 2009 Annual Report |
|
2010 |
Mr Tom Considine Mr Joe Walsh |
90,000 79,000 |
From pg 176 of 2010 Annual Report |
|
2011 |
Mr Tom Considine Mr Joe Walsh |
90,000 79,000 |
From pg 160 of 2011 Annual Report |
*On Feb 1, 2009 all Non-Executive Directors, the Governor and Deputy Governor took a 25% reduction in salary/fees. Fees include a basic fee and additional fees for Committee membership and Committee Chairmen.
