Oireachtas Joint and Select Committees

Tuesday, 9 March 2021

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

Central Bank of Ireland: Discussion

Photo of Mick BarryMick Barry (Cork North Central, Solidarity) | Oireachtas source

I want to ask my next question because my time is limited. Ms Rowland has made it clear in the course of the engagements that she is not prepared to name the 16 individuals and she has kind of indicated that there might be legal issues with her doing so as well. She has indicated that if, and when, they leave Davy that their new employers have a responsibility in that situation. Do the clients who are served by such a financial institution not have rights as well? To bring it down to brass tacks, I have an investment in a pension fund, for argument's sake; that pension fund is with a financial institution and one of these 16 individuals transfer over and gets new employment in that institution. Should I not have a right to know that that is the person who is managing my pension fund or is it solely a matter for the CEO or board of the company to take care over who they are employing? Should I not have a right to know who is in charge of my money?

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