Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

4:10 pm

Photo of Aodhán Ó RíordáinAodhán Ó Ríordáin (Dublin North Central, Labour) | Oireachtas source

I think most people listening to the previous replies will be disturbed to hear phrases such as "consensus decision making" and "very few votes". Do the witnesses think the public would find that a bit troubling in terms of the witnesses' role, how they perceive that role, how they view the public interest and their interest in the wider economy? However, when they attend board meeting, there is a level of consensus between what the witnesses think and what other bank directors think in terms of decision making.

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