Oireachtas Joint and Select Committees

Thursday, 5 July 2018

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

Banking Sector in Ireland (Resumed): Bank of Ireland

9:30 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

I have a limited amount of time. We asked the bank to provide details of its proposals on pay and bonuses. On page 19 of the submission supplied, it told us that the group's remuneration committee had recently commenced an engagement process with major shareholders to get their feedback on the adoption of an appropriate executive incentive scheme. Why is that being proposed at this time?

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