Oireachtas Joint and Select Committees

Tuesday, 16 January 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages: Discussion

2:00 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The two remaining State-appointed directors on the Bank of Ireland and AIB have recently retired. I have not had engagement with those directors on this issue. On this issue I engage directly with the chairs and chief executives of the banks, because I believe this is an issue of such importance that I will communicate directly with the chairperson of the board and the chief executive of the board.

On my approach to the new appointments to the boards of the banks in which we have a stake, I will now begin a process that will involve advertising for those posts through the Public Appointments Service. I would like to use this as an opportunity to encourage people who have the kind of expertise they believe would allow them to serve well in these banks to apply for these roles, because I want to appoint individuals who are independent and who have experience of the wide impact that Irish banks can have on our economy and society.

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