Michael McGrath (Cork South Central, Fianna Fail)
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Question 75: To ask the Minister for Finance the role he envisages for the new advisory board on the National Asset Management Agency; the person to whom the advisory board will report; and if he will specify its relationship with the board of the agency itself. [40659/11]

Michael Noonan (Limerick City, Fine Gael)
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I have asked Mr Michael Geoghegan to chair the small group of advisors which I am appointing to advise me on the future strategic direction and organisation of NAMA. The Advisory Group will report to me, although I expect that the NAMA Board will support and facilitate the work of the group. I also welcome the recent statement by the Chairman of the NAMA Board of its intention to draft an implementation plan to address the strategic challenges that Mr Geoghegan's review has set for the Agency.