Oireachtas Joint and Select Committees

Wednesday, 9 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Alan Gray:

So, I've seen some media statements suggesting that I was appointed in December 2006 and that I was on the board to 2009. I'm not quite sure the source of that information. It certainly isn't information I've given the inquiry, and I don't believe it's factually correct. Or actually it says I was there till 2008 ... September 2008. I joined ... I got my first letter appointing me, having agreed to join, when I came back from my break at Christmas. I got it in January and I attended my first board meeting at the end of January 2007. I remained on the board until the new Central Bank Commission was appointed. I was on the board that oversaw the appointment of Professor Honohan as the new Governor; I was on the board of the regulator that saw the appointment of Matthew Elderfield as the new regulator; and I was on the board that started to implement a very different form of financial regulation, very much in line, Deputy, with what I had earlier written to Finance and the Central Bank.

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