Dáil Éireann Debate, Tuesday - 13 November 2012
196. Deputy Pearse Doherty asked the Minister for Finance in respect of Irish Bank Resolution Corporation, if he will provide a listing of the public interest directors appointed to that bank since 2011; the total remuneration paid to each such director and the date on which their appointments expire. [49479/12]
View answerI have been advised that Irish Bank Resolution Corporation Limited has not appointed any public interest directors under the terms of the Government Guarantee Scheme since 2011. All appointments to the board of the bank are approved by the Minister for Finance under the terms and conditions attaching to the nationalisation of the bank. The Minister for Finance has extensive powers in relation to the appointment and removal of Chairpersons, CEOs and Ordinary Board Members under the Anglo Irish Bank Act 2009. As stated in response to PQ 49478/12 Mr. Frank Daly and Mr. Alan Dukes were appointed as public interest directors under the terms of the Government Guarantee Scheme in December 2008. Mr Frank Daly resigned on the 22nd December 2009. Mr Alan Dukes was appointed as non-executive Chairman on the 14th June 2010.
Further details of all directors remuneration is provided in the annual reports.
http://www.ibrc.ie/About_us/Financial_information/Annual_Report/Annual_Report_2011.pdf
