Written answers

Tuesday, 29 November 2011

Department of Finance

Banking Sector Regulation

9:00 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)
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Question 100: To ask the Minister for Finance the annual fees paid to the Government-appointed Bank of Ireland public interest director (details supplied) from 2009 to the end of 2011 in tabular form. [37043/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The Deputy will be aware that directors at the covered institutions, including public interest directors who were nominated by my predecessor, are appointed and remunerated by the respective boards. Accordingly, disclosure of details of their remuneration is covered by various rules and procedures. The information sought by the Deputy, to the extent that it has been released publicly by the named covered institution, is available in its 2009 and 2010 Annual Reports which indicate that non-pensionable fees of €79,000 for 2009 and €90,000 for 2010 were paid to the named individual.

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