Oireachtas Joint and Select Committees

Thursday, 22 March 2018

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

Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Allied Irish Banks

9:30 am

Mr. Mark Bourke:

The issue of variable pay to the entirety of the staff is a concern and is an area where there is considerable work done by our remuneration committee. The delivery of the investment back to the State and having a management and a staff that can deliver on the strategy and be employed and retained over time is all about alignment of the interests and ensuring that the State does get back its investment.

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