Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I concur with Deputy Humphreys. We discussed this matter on a previous occasion when credit unions came before the committee. The role of treasurer or chairman of a finance committee was very important in the volunteerism of credit unions. One could set up a finance committee whose chair could have the role previously filled by the treasurer. The chief executive officer might bring the accounts to the finance committee before they go to the board and they could be presented jointly by the CEO and the chair of the finance committee to the AGM. This might be a way of strengthening governance, which we all want, while reflecting the strengths of the credit union movement in terms of volunteerism.