Oireachtas Joint and Select Committees

Thursday, 10 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland

10:10 am

Mr. Richie Boucher:

My salary is set out in the annual report which goes to our shareholders. A shareholders' meeting will be held towards the end of this month. What I am paid is clearly and transparently set out. Under the rules of our company, as a director I stand for election every year and the shareholders decide whether I remain on the board of the company. At the same time, the board's review of my salary also goes for a vote to our shareholders. It is very transparent and clearly set out, and those are the rules of our company.

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