Oireachtas Joint and Select Committees

Thursday, 20 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

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

9:55 am

Mr. Joe Walsh:

As I said, I am cognisant of my responsibility as a public interest director. That has been clearly outlined in both of the Acts to which I referred. In the public interest, as far as I am concerned, I bring my background as a public representative of many years, my involvement in industry and in dealing with the public to bear on that. There are several aspects to the public interest, as far as I am concerned. Number one is the State because the State has put a lot of money into the particular bank with which I am involved, Bank of Ireland. Number two is the citizens of the State because the taxpayers funded that and they will need-----

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