Ms Margaret Hayes:

How would I distinguish the role? I come as an individual with 26 years experience in the public sector, working full time in the service of the public. That has certainly informed the perspective I bring to things. Let me emphasise that section 48 effectively makes every director on the board of Permanent TSB a public interest director. They are obliged to have regard - in fact, the overriding concern in all decisions - is the public interest and has been since the enactment of that legislation. It is extremely difficult for us to distinguish what would have been different if we had not been there because we are all working collectively towards the one objective.