Dáil Éireann Debate, Tuesday - 7 July 2015
154. Deputy Brendan Smith asked the Minister for Finance the status of the National Asset Management Agency's Northern Ireland advisory committee; if he will provide, in tabular form, the period of service of all those persons who have served on the committee; and if he will make a statement on the matter. [27685/15]
Amharc ar fhreagraThe NAMA Act provides for the establishment of Advisory Committees. Following discussions between the then Minister for Finance and the Minister of Finance and Personnel of Northern Ireland, it was agreed that an advisory committee would be established to advise the NAMA Board in relation to matters regarding NAMA's Northern Ireland assets. On the proposal of the then Minister for Finance, NAMA established the Northern Ireland Advisory Committee ("NIAC") in early 2010.
Members of the Committee were selected and appointed by the main NAMA Board to which the NIAC reported. Potential external appointees to the NIAC were provided for consideration to the NAMA Board by a number of stakeholders including the Minister of Finance and Personnel of Northern Ireland.
The Board resolved, with my agreement as Minister for Finance, and having regard to the implications of Project Eagle for the Committee, to dissolve the NIAC on 8th September 2014.
The period of service of all those persons who have served on the Committee is set out in the following table:
|
Name |
Member |
Appointment |
Resignation/End of Tenure |
|
Frank Daly (Chair) |
NAMA Board Chairman |
13-Oct-11 |
08-Sep-14 |
|
Peter Stewart (Chair)* |
NAMA Board Member |
04-Feb-10 |
10-Oct-11 |
|
Brian McEnery |
NAMA Board Member |
25-Feb-10 |
08-Sep-14 |
|
Eilish Finan |
NAMA Board Member |
06-May-10 |
21-Dec-13 |
|
Ronnie Hanna |
NAMA Executive |
06-May-10 |
08-Sep-14 |
|
Willie Soffe |
NAMA Board Member |
10-Mar-11 |
08-Sep-14 |
|
Brian Rowntree |
External Member |
16-Apr-10 |
08-Sep-14 |
|
Frank Cushnahan |
External Member |
16-Apr-10 |
08-Nov-13 |
*Peter Stewart was Chairman of the Committee until his resignation from the Board and Committees on 10 Oct 2011. He was replaced as Chairman of the Committee by Frank Daly.
I would also like to refer the Deputy to NAMA's Annual Reports available on NAMA's website for further detail. Each annual report sets out the NIAC membership and provides further detail regarding the workings of the NIAC.
