Oireachtas Joint and Select Committees
Thursday, 20 December 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Role and Contribution of Public Interest Directors in Financial Institutions: Discussion
12:05 pm
Mr. Tom Considine:
Yes, we are aware of all aspects of Mr. Kane’s career. There is a rigorous fitness and probity system in place. For anyone to be appointed to a senior position in the bank requires clearance from the Central Bank of Ireland and, in our case, the FSA because we have a lot of business in the United Kingdom. Mr. Kane has been cleared through that system and they are the structures that are in place.