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

3:10 pm

Mr. Ray MacSharry:

Since 2009 the Central Bank has been attending meetings on and off. We met some officials from the Department. I met the current Minister once and Mr. Moran a couple of times. I also met Ms Nolan and prior to that Mr. Cardiff. We did have general discussions, in the first instance about the banks since the preference shares were taken in 2008. There were not any in Irish Life & Permanent.