Oireachtas Joint and Select Committees
Thursday, 1 December 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland: Ulster Bank
9:30 am
Paul Murphy (Dublin South West, Anti-Austerity Alliance)
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Mr. Mallon is not embarrassed by the figures available to us which show that three executive board members received more than €2.6 million between them in 2015, which is an average of €880,000 each, that five non-executive members received €360,000, which amounts to approximately €75,000 each, or that Mr. Mallon's predecessor was reported to be the highest paid banker in Ireland, with a total remuneration of approximately €1.6 million. Mr. Mallon is not embarrassed about that at a time when some of the bank's customers and workers are being treated disgracefully.