Oireachtas Joint and Select Committees

Thursday, 30 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Fintan Drury:

Oh, yes, it was discussed and I mean, it wasn't just discussed at ... when we ... as I recall, when we reduced the number of candidates to a shortlist, that was discussed at a general board meeting, informally. Obviously, it wasn't a full board meeting because there were no executive directors there, clearly, and what we did was, at that stage, came back to the question of whether or not there should be an external candidate. Personally, I would always have thought it was good. Apart from anything else, that in a process like that, you were, kind of, benchmarking the top people you have in your bank against an external candidate who's from another institution.

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