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

Dr. Colin Hunt:

I am arguing for the return of long-term incentives to the bank. The Minister has commissioned a report from Korn Ferry and that report is expected to be published in the next number of months. We await the conclusions of the report with interest. I should point out that this issue is uppermost in the minds of our shareholders when we engage with them. They want to see remuneration structures in the institution that align their long-term interests with the long-term interests of the employees.

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