Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

So the Minister may appoint individuals to the panel after a process conducted by the bank, and the bank consults the Minister. Am I correct that the bank goes through a process, identifies a wide range of individuals who have the necessary qualifications, scope and breadth to deal with any issue that may arise, and speaks to the Minister on the pool it is putting forward? Ultimately, the Minister has the final decision and appoints the individuals, although the bank does the heavy lifting in identifying them.