Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

4:40 pm

Mr. Ray MacSharry:

Public interest directors in any institution do not get appointed to just write off debt. They are non-executive directors of a bank that is governed by company law that has limited resources.