Dáil Éireann Debate, Tuesday - 6 October 2009
281 Deputy Edward O’Keeffe asked the Minister for Finance the public interest directors who have been appointed to banks (details supplied); the amount of salary paid to each of the directors to date; the expenses paid to each director to date; the mileage, subsistence and overnight expenses paid to each director to date; and if he will make a statement on the matter. [33503/09]
Amharc ar fhreagraI have an arms-length relationship with each of the institutions and salary and other expenses are matters for the individual institutions. As is the norm, individual director's fees will be outlined in the annual accounts of each of the institutions.
I can however comment on directors' fees in general. CIROC made a series of recommendations on executive remuneration including on directors' fees. On foot of these recommendations, the non-executive directors' fees of the covered institutions were reduced considerably.
