Results 16,901-16,920 of 26,053 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: So you were there from the start.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: So why did you not insist on people being on the board with, with bank regulation experience?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Correct.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Who was the Minister at the time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Right. And?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: What was the outcome of those discussions? What-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: What did Mr. McCreevy say to you?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: So, you were ignored?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: And why, if you were ignored, if you felt so strongly about it, why did you proceed to take up position as chair?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: But, sure, they'd no banking experience.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Very little.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Sorry, okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Correct.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: But in looking at it and taking that executive experience you're talking about, you were ... you announced the appointment of both CEOs, which were both Mr. O'Reilly, Liam O'Reilly, and Patrick Neary. So, what was the process by the ... the appointing panel, the persons for the executive team in the Financial Regulator who actually appointed the CEO? What was the process you went through?...

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Who were they, Mr. Patterson?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: I can give you his name, he was Kaarlo Jännäri.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: Do you believe in the circumstances where you had over 80% of the people interviewing, five of the six people were from the board with no bank regulation experience in both cases, interviewing for a position, do you believe that you recruited the correct person in the circumstances? Was it the appropriate process? You were setting up a completely new regulatory authority, why didn’t...

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: What was the salary on offer at the time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: What was the salary on offer at the time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Kieran O'Donnell: That's a considerable salary, Mr. Patterson.