Oireachtas Joint and Select Committees
Wednesday, 2 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
KPMG, in its view of Nationwide's corporate governance structure ... I don't think it's me; we'll put it under here just in case.
Take 3 - KPMG, in its review of Nationwide's corporate governance structure in November 2008, made numerous recommendations for improvement, including the development of strategic objectives, the introduction of formal strategic and financial planning process, documenting of board terms of reference and assessment of director independence. Many of these recommendations could be considered to be basic form of corporate governance considerations. Why were these measures not put in place much sooner by you in your role as chairman?
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