Dáil Éireann Debate, Tuesday - 20 June 2017
337. Deputy Michael McGrath asked the Minister for Finance the number of appointments made to the boards of State bodies under the remit of his Department in May and June 2017; the dates of the appointments; the State bodies involved; the application process that was followed; the number of vacancies left on the boards of State bodies; and if he will make a statement on the matter. [28859/17]
Amharc ar fhreagraIn response to the Deputy's question, I have been advised that there have been no appointments made to the boards of the eighteen bodies under the aegis of my Department in May and June 2017. There are currently two vacancies on the board of the Central Bank Commission and two vacancies on the board of the National Asset Management Agency (NAMA).
With respect to the Central Bank Commission, Section 18CA(1)(b) of the Central Bank Act 1942, as amended, provides that the Central Bank Commission comprises of at least 6, but no more than 8, members appointed by the Minister for Finance. The Commission currently comprises of 6 members with discretion to appoint 2 additional members.
With respect to NAMA, Section 19(1) of the National Asset Management Agency Act 2009 provides that the NAMA Board comprises of 7 members appointed by the Minister for Finance. The Chief Executive Officer of NAMA and the Chief Executive of the NTMA are ex-officio members. Section 24(3) provides that subject to this Act, NAMA may act notwithstanding one or more vacancies among the members of the Board. The two current vacancies may be filled as and when deemed appropriate.
