Dáil Éireann Debate, Wednesday - 27 March 2013
105. Deputy Michael McGrath asked the Minister for Finance the total number of members of the board and management team of the National Asset Management Agency, with data separated between the Republic of Ireland and Northern Ireland who were previously employed by or acted as consultants to Ulster Bank, Bank of Ireland, Anglo Irish Bank, Permanent TSB or Irish Nationwide within the past ten years; and if he will make a statement on the matter. [15474/13]
View answerThe employment history of each NAMA Board member is provided on NAMA’s website, www.nama.ie, and in the Annual Report 2011 (pp.4-5). No member of the Board was employed by Ulster Bank, Bank of Ireland, Anglo-Irish Bank, Permanent TSB or Irish Nationwide within the past 10 years. One member of the NAMA senior management team was employed within the past ten years by Ulster Bank in Northern Ireland. No member of the NAMA senior management team has ever acted as a consultant to the financial institutions listed. The Deputy should note that members of the NAMA Board and officers of NAMA are subject to, and observe, a number of statutory and non-statutory obligations in relation to potential conflicts of interests.
