Shane Ross (Dublin South, Independent) | Oireachtas source

It is absolutely extraordinary that Bank of Ireland should appoint as a governor somebody who had lost his bonus in Lloyds in a payment protection insurance scandal. There are now circumstances in which the bank is investigating itself in respect of payment protection insurance. The board made its appointment in the full awareness that the individual concerned, while not necessarily culpable, was the director in charge of insurance when the scandal arose. That should be noted by this committee.