Oireachtas Joint and Select Committees
Wednesday, 29 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Alan Merriman:
Yes, no, it was ... and I made this clear in my opening statement again today, I personally would have preferred to stay. You've heard Richie Boucher from Bank of Ireland talk about that's what he wanted to do and he was allowed do that. There's a natural desire to stay when one is in trouble and sort things out. But the wider context - and I was part of the board and I very much agreed with this - we were a mutual, mistakes had been made, we wanted to be different, we believed we were different and we wanted to demonstrate that. So it was absolutely part of the EBS to show accountability. And I was definitely the right person to go at executive level.
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