Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

I thank Mr. O'Connor for coming before the committee this afternoon for what was a very comprehensive presentation. I very much appreciate the way in which he engaged with the committee members with a very open and frank position that was not overstated in terms of his own goals and how he will achieve them. It is important that people hear the measured tones with which he engaged with us this afternoon. He has a huge task ahead of him. On behalf of the committee, I wish him every success with it. It is in everyone's interest that his agency is a huge success, because making sure the Insolvency Service of Ireland operates well is very much part of the recovery of this country. I wish him the best of luck for the future. Today was Mr. O'Connor's first time before the committee. I am sure there will be other opportunities for seeing him again and we may invite him to appear before us towards the end of the year or at the start of 2014 to see how things are progressing. His invitation today was very much in the context of the 25% target for the banks at the end of the second quarter of this year, so it is critical that the service is up and running over the summer period, as we approach quarter 3, for the target of 15%. I again thank Mr. O'Connor for the briefing and discussion this afternoon.