Written answers
Wednesday, 18 April 2012
Department of Finance
State Banking Sector
10:00 pm
Gerry Adams (Louth, Sinn Fein)
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Question 145: To ask the Minister for Finance the number of the top 50 executives in Anglo Irish Bank at the time of the bank guarantee in 2008 that remain in situ today. [18205/12]
Michael Noonan (Limerick City, Fine Gael)
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Since nationalisation there has been an extensive re-structuring of the governance and management of IBRC. As of today, 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. In addition, of the 50 most senior people employed pre-nationalisation, 34 have since left the Bank.
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