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

11:05 am

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

May I now ask Mr. Walsh about his relationship with Mr. Boucher? What is his perception of the ethos of Bank of Ireland under the stewardship of Mr. Boucher? Is Mr. Walsh comfortable that he is doing the right things by the country and by the bank? Following Mr. Boucher's attendance at this joint committee, I sent a letter to the Minister for Finance asking him to withdraw his support for Mr. Boucher as the chief executive of Bank of Ireland due to his contemptuous attitude to the members of the Joint Committee on Finance, Public Expenditure and Reform. Mr. Boucher was on the board that drove Bank of Ireland on to the rocks. I wonder if that culture has changed? Is that part of Mr. Boucher's culture and how much influence does he still have on the board?

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