Oireachtas Joint and Select Committees

Thursday, 11 April 2019

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

Matters Relating to the Banking Sector: Allied Irish Banks

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Cuirim fáilte roimh Dr. Hunt and his team. I wish Dr. Hunt good luck in his stewardship of AIB. All members of the committee want success for AIB as the State is a majority shareholder. We want the bank to be successful but in a way that is fair to its customers and treats its customers with the respect that was often lacking the past. I argue that it still is lacking in many regards, and I will delve into them. However, I will first pick up on Senator Horkan's line of questioning on remuneration. How many individuals in AIB does Dr. Hunt believe should be paid above the €500,000 cap? Currently, 11 are paid in the €400,000 to €500,000 range.

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