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Public Interest Directors Data

Dáil Éireann Debate, Thursday - 6 April 2017

Thursday, 6 April 2017

Ceisteanna (102)

Pearse Doherty

Ceist:

102. Deputy Pearse Doherty asked the Minister for Finance the name of the public interest directors in State backed banks in each year since the posts were created in tabular form; the total remuneration per director per annum; and if he will make a statement on the matter. [17168/17]

Amharc ar fhreagra

Freagraí scríofa

The date of appointment and date of resignation/cessation of office for each of the public interest directors appointed at AIB, BOI and PTSB are as follows:

Bank

Appointed

Resignation/cessation

Allied Irish Banks

Dick Spring

Jan-09

Dec-14

Declan Collier

Jan-09

Jun-12

Bank of Ireland

Tom Considine

Jan-09

Still in office.

Joe Walsh*

Jan-09

Nov-14

Permanent TSB

Margaret Hayes

Dec-08

May-13

Ray Mac Sharry

Dec-08

May-13

*Joe Walsh ceased to be a director following his death in November 2014.

Information in relation to fees paid to each of these directors is publically available in the banks' annual reports which can be accessed via the Investor Relations section of respective bank's website found at the following links:

AIB: https://aib.ie/investorrelations/financial-information/results-centre/2016

BOI: https://investorrelations.bankofireland.com/results-centre/

PTSB: www.permanenttsbgroup.ie/investors/reports-and-presentations/annual-and-interim-reports/2016.aspx

For EBS, prior to its merger with AIB, and the institutions no longer trading, the information requested by the Deputy is as follows:

Bank

Appointed

Resigned

Fees - 2009

Fees - 2010

Fees - 2011

Anglo Irish Bank*

Frank Daly

Dec-08

Dec-09

€98,000

-

-

Alan Dukes*

Dec-08

Jun-10

€102,000

€52,000

-

EBS

Anthony Spollen

Jan-09

Jun-11

€37,500

€29,000

€14,500

Ann Riordan

Jan-09

Jun-11

€37,500

€29,000

€15,600

INBS

Adrian Kearns

Jan-09

Jun-11

€55,000

€36,000

€18,000

Rory O'Ferrall

Jan-09

Jun-11

€55,000

€36,000

€18,000

*IBRC did not appoint any public interest directors under the terms of the Government Guarantee Scheme since 2011. Frank Daly and Alan Dukes were appointed public interest directors in December 2008. Frank Daly resigned on 22 December 2009 whilst Alan Dukes was appointed non-executive chairman on 14 June 2010.

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