Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Yes, Michael Walsh actually.:

As you are aware [I'm sure you were aware of the document] has on many occasions expressed its concerns with regard to the level of resources at senior [executive level] ... management level within INBS. In particular, the regulator stressed the need for increase in size of the board, a strengthening of the executive management team. The latter point was to address concerns such as an over-reliance on the managing director, succession planning for the managing director, and the absence of a senior executive to oversee the commercial lending function

Were there any actions taken following that letter from 9 December 2004 to address-----

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