Results 15,881-15,900 of 26,228 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Kieran O'Donnell: Okay. Thank you, Chairman.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Thanks Chairman. The documents I am referencing, Chairman, are Vol. 1 page 21-25, a report from Barry Herriott, management consultants and also page 17, the Nyberg report, and they relate around that the report from Barry Herriott undertaking an external consultancy in 2003 noted that the directors felt that the board pack "failed to ignite debate in important issues" and many directors...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: I suppose, specifically in the time I have, the two points.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: What-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Yes-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: So Mr. Murray was replaced as chair-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Now in that, can I just reference page 17 of Vol. 1 and it says, it's from the Nyberg report: ''In addition, the former CEO [vacated] was appointed as [a new chair of the board] in contravention of generally accepted governance principles at the time.'' That relates to Mr. Seán FitzPatrick being appointed as ... that's in the public domain ... as-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: -----as chair of the board. Did you support that appointment?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Did you canvass for that appointment?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: So if you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: And-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Why? Why did you do that, and who did you do that with?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: And if ... yes, and if you felt you'd issues with corporate governance whereby you should not become chair of a company when you're CEO, why did you canvass soundings and why did you support Mr. FitzPatrick being appointed as chair?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Was he a bit of a sacred cow at the time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: But, in hindsight, was it the correct thing to do for the bank at the time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Can I just do a point of clarification?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: You speak about credibility and honesty and so forth through your statements today. And the question, I suppose, that, to an ordinary person looking in, is it credible that, in Druids Glen ... that the group are a monoline group, they were effectively four people, three people along with ... four people along with Mr. Cowen, four people had a commonality, they were a monoline group. They...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: The public looking in. The people that ended up paying?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: No, now it's ... Chairman, just a very kind of-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Kieran O'Donnell: Chairman, can I put my ... I'll explain it to Mr. Drury.