Oireachtas Joint and Select Committees

Thursday, 11 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Patterson:

To the first question, no, I think we had enough in the Finnish expert, who was very vocal in these processes and who brought to the table in-depth knowledge and independent knowledge of financial supervision and financial regulation. In relation to performance assessment, the way this worked was that every year I had one-to-one meetings with members of the authority and I asked them what did they think of the performance of the executive and in particular the chief executive. So I collected their views, added my own, obviously, and then I had a discussion with the chief executive of the day about his performance.

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