Paul Bradford (Fine Gael) | Oireachtas source

We have read that the insolvency service will consist of a director, members of staff, etc. Has any consideration been given to the concept of having a board support structure along with the service? Would it be useful or helpful to have a board structure where there could be a broader range of interests as part of the consideration of policy? Most people would feel we have not had the best experience with the public interest directors on some of our financial services boards but perhaps the Minister might consider the issue. These are, in a sense, private financial arrangements between debtors and creditors, but there is a broad public policy issue in the mix of decisions, with certain decisions made that will reflect either favourably or unfavourably on the taxpayer and the broader public. We should include public interest thinking at least as part of the policy of the director and the staff. There may be some other way of ensuring that the broader public interest becomes part of the policy making for the organisation.