Oireachtas Joint and Select Committees
Wednesday, 2 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Michael Fingleton:
We did seek to increase the board level in 2005 and 2006 and I approached a number of people. But because of the fact that we were being sold, the individuals concerned felt that this was a short-term thing and they weren't interested in taking up the position. And we were looking for a particular calibre at the time of ... at a very high level. Some of them weren't interested because of the imminent sale of the society and others weren't because they were just too busy in their own businesses. That is fact, and also the chairman, I think, asked a former director general of the Central Bank to become a director and that did not materialise either.
No comments