Oireachtas Joint and Select Committees

Tuesday, 16 January 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages: Discussion

2:00 pm

Photo of Gerry HorkanGerry Horkan (Fianna Fail)
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I thank the Minister. I have a final question on the new directors the Minister intends to appoint. These will be normal bank directors, presumably, and like other bank directors on the board, they will be there to represent the shareholders in line with normal corporate governance and to try to do their best for the bank and ultimately for the shareholder - in these cases we are a 71% shareholder in AIB and hold various other percentages of shares in other banks. Do we have the appropriate level of directors to represent these shareholdings on the boards of the banks we are involved with?