Dáil Éireann Debate, Wednesday - 17 September 2014
284. Deputy Stephen S. Donnelly asked the Minister for Finance the total number of staff employed by the National Asset Management Agency; the number of new staff recruited in 2014; and the number of staff that have left NAMA in 2014. [34265/14]
View answer285. Deputy Stephen S. Donnelly asked the Minister for Finance the staffing requirements at the National Asset Management Agency in light of the review in June and July 2014 which anticipates an accelerated disposal of NAMA's assets and a role for NAMA in the construction of new homes and commercial property; if there will be redundancies at NAMA; if the existing skillsets at NAMA are adequate for NAMA's plans; and if he will make a statement on the matter. [34266/14]
View answerI propose to take Questions Nos. 284 and 285 together.
I am advised that the total number of staff assigned by the NTMA to NAMA was 367 as at end-August 2014. Some 66 new staff members were recruited for assignment to NAMA in 2014 and, in the year to date, 36 have left NAMA or are serving their notice period.
NAMA's future staffing requirements, both in terms of staff numbers and the range of requisite skillsets, are an operational matter for the NAMA Board. I am advised that the board reviews those requirements on an ongoing basis with a view to ensuring that NAMA is well positioned to meet its statutory objectives and the various associated targets which have been set by the board.
I am advised that NAMA is currently engaged in detailed planning so as to facilitate delivery of 4,500 new residential units in Dublin by the end of 2016 and to facilitate planning and other preparatory work for the Dublin Docklands SDZ. The additional recruitment outlined above reflects, in part, NAMA's decision to establish a dedicated Residential Delivery team and a dedicated Docklands SDZ team to co-ordinate and drive progress on these two important initiatives.
