Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

I know, but the point is that ... the point is that the regulator was still concerned about that in March 2008. Can I ask you, the Building Societies Act of 1989, as far as I understand it, says that the retirement age of any director is 70, so how ... what did you do that you didn't have a succession situation when Mr. Fingleton turned 70 and he then ended up staying in the job, but with some re-arrangement so that he wouldn't breach the Act? Is that correct or not?

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