Dáil Éireann Debate, Wednesday - 9 December 2020
61. Deputy Mairéad Farrell asked the Minister for Finance the bodies under the aegis of his Department; and the composition of their respective board memberships, disaggregated by appointments through the Public Appointments Service or ministerial appointments in tabular form. [42478/20]
View answerThere are 8 State Boards under the aegis of my Department. These are the Central Bank Commission, the Credit Union Restructuring Board, the Financial Services and Pension Ombudsman, Home Building Finance Ireland, the Irish Fiscal Advisory Council, the National Asset Management Agency, the National Treasury Management Agency and the Strategic Banking Corporation of Ireland.
In addition, there are 9 bodies also under the aegis of my Department that are not classified as State Boards. These are the Office of the Comptroller and Auditor General, the Credit Review Office, the Credit Union Advisory Committee, the Disabled Drivers Medical Board of Appeal, the Investor Compensation Company DAC, Irish Bank Resolution Corporation, Irish Financial Services Appeals Tribunal, the Office of the Revenue Commissioners and the Tax Appeals Commission.
Appointments to State Boards are made in accordance with the Guidelines on Appointments to State Boards published by the Department of Public Expenditure and Reform in 2014. The Public Appointments Service provides a process to identify top quality people for consideration by Ministers for appointment to State Boards. In this regard, I would refer the Deputy to the website www.stateboards.ie.
Details of appointments to the State Boards under the aegis of my Department are in the table below.
|
State Board |
Board Composition |
PAS Appointments |
Ministerial Appointments |
|
Central Bank Commission |
Governor and 9 Commission Members (incl. 4 ex-officio members). To note: The Governor is appointed by the President of Ireland on the advice of the Government. |
4 |
2 |
|
Credit Union Restructuring Board |
The Credit Union Restructuring Board (ReBo) has been wound down since 2017 when all Board members resigned. While awaiting finalisation of legislation to formally dissolve ReBo, a caretaker board is in place consisting of 2 Department of Finance officials and a Central Bank existing nominee. |
||
|
Financial Services and Pensions Ombudsman |
Chair and 6 Ordinary Board Members |
7 |
0 |
|
Home Building Finance Ireland |
Chair and 6 Ordinary Board Members (including 3 ex-officio members) |
4 |
3 ex-officio |
|
Irish Fiscal Advisory Council |
Chair and 4 Ordinary Board Members |
4 (Currently 3 board members, vacancy being filled through PAS process) |
1 |
|
National Asset Management Agency (NAMA) |
Chair and 6 Ordinary Board Members (incl. 2 ex-offico members)(currently 2 vacancies) |
3(the 2 existing vacancies will be filled via a current PAS process) |
4 |
|
National Treasury Management Agency (NTMA) |
Chair and 8 Members (incl. 3 ex-officio members) |
3 |
6 (incl 3 ex officio) |
|
Strategic Banking Corporation of Ireland |
Chair and 8 Members (incl. 1 ex-officio member) |
7 |
2 (incl 1 ex officio) |
