Gerry Adams (Louth, Sinn Fein)
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Question 24: To ask the Minister for Finance the number of the persons employed in the 50 most senior positions in Anglo Irish Bank pre-nationalisation that are currently still employed by Anglo Irish Bank or any of its subsidiaries; the position and responsibilities they held pre-nationalisation and the positions and responsibilities that they currently hold within the bank; and the number of these that earn more than €175,000 a year. [27658/11]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy is aware the Board of the bank is responsible for the day to day operations of the bank including the remuneration of staff other than senior management of the bank. The Bank has informed me that their Legal advice dictates that the bank can respond to this question in general terms only and is not in a position to provide any personal information or information that would lead to the identification of any individuals employed by the Bank. However, the bank has indicated that since nationalisation there has been an extensive re-structuring of the governance and management of Anglo Irish Bank. None of the current executive or non executive directors of the Bank were involved with the Bank prior to nationalisation. None of the direct reports into the Group Chief Executive, Mike Aynsley, were direct reports to the previous Chief Executive at the end of 2008. Of the 50 most senior people employed pre-nationalisation, 28 have since left the Bank. Of the remaining 22 people, the majority now have different roles and responsibilities to those held pre-nationalisation, as the principal role of the Bank has become that of an asset recovery vehicle. Of the 22 individuals remaining, 19 have a base salary in excess of €175,000.