Oireachtas Joint and Select Committees

Thursday, 30 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Fintan Drury:

I was appointed in 2002 after an hiatus because I was first approached in 2001. And when I joined in 2002 it so happened that I had been approached by Paddy Power to go on the board of its ... onto its board, excuse me. And I had, as I referenced in answering Deputy O'Donnell earlier, I had a view that one stays ... does two three-year terms. I mean, the standard is you're invited and asked and you're assessed as to whether you're up to the business, up to the job or not and you're given a three-year term and if you ... if you're half decent I think you tend to be asked to do a second three-year term. But in the case of ... but my view was that you should do two three-year terms and then move on.

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