Mr. Brian Patterson:

We were constrained by the policies and the salary grades of the Central Bank, which in turn were linked to the Civil Service, and bearing in mind that externally we would have been fishing in the financial services pool, known for its very high salaries and bonuses and all those kind of things, it was ... it was very difficult, if impossible, to attract people to apply for this job who were at the right level of experience and seniority; and yes, we did get some external candidates but they weren't at the right level. So therefore, the process from the word go, was heavily slanted towards internal candidates.