Oireachtas Joint and Select Committees
Tuesday, 12 March 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
A Future Framework for Accountability in the Banking Sector: Discussion
Mr. Gary Tobin:
I personally think it is important that the functions should be separate. From the perspective of the taxpayer, our primary responsibility as shareholder is to get our money back as quickly as possible and, hopefully, make a little profit. It is important that the shareholding team has a commercial mandate to realise as much of a return for the taxpayer as possible. I totally understand the point that has been made about us using the influence we now have as shareholder.