Written answers
Tuesday, 18 September 2012
Department of Finance
Appointments to State Boards
Dara Calleary (Mayo, Fianna Fail)
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To ask the Minister for Finance the total number of board appointees he has made since he came to office; the names, salaries and expenses of each; and if he will make a statement on the matter. [37357/12]
Michael Noonan (Limerick City, Fine Gael)
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The information requested by the Deputy is contained in the following table.
| Name of Body | Name of appointee | Date appointed/ reappointed | Remuneration Received |
|---|---|---|---|
| Disabled Drivers Medical of Appeal | Dr Angela McNamara | Re-appointed on 07 Nov 2011 | Dr McNamara is entitled to a session rate of €607.20 when attending each appeal Board sitting. |
| *Irish Bank Resolution Corporation (IBRC) | Mr Roger McGreal Mr Oliver Ellingham | 15th Nov 2011 14th Oct 2011 | €73.600 p.a. €73,600 p.a |
| Fiscal Advisory Council (established June 2011) | Professor John McHale (Chair) Mr. Sebastian Barnes Professor Alan Barrett Dr. Donal Donovan, Dr Roisin O’Sullivan | 7th July 2011 | With effect from 1 July 2012, the fees payable to Council Members are based on those payable to Directors of Category 2 Non-Commercial State-Sponsored Bodies, which are set from time to time by the Dept. of Public Expenditure and Reform. The relevant fees are €20,520 for the Chair and €11,970 for Members. The fees, which are being paid on a pro-rata basis in 2012, are payable to the employer of the Chair or Members if the employer comes within the Irish public sector or is an international organization of which Ireland is a Member and whose budget it contributes to. This applies in relation to Prof. McHale, Mr Barnes and Prof. Barrett. In the first half of 2012, an annual stipend of €5,000 (pro-rata) was payable to Members unless they were employed in the Irish public sector. |
* The Directors of the Irish Bank Resolution Corporation were appointed by the board of the bank with my approval.
Credit Union Restructuring Board (Rebo) As recommended in the Report of the Commission on Credit Unions published on 18 April 2012, the ReBo is being established on a time-bound basis to facilitate and support the restructuring of Credit Unions. On 31st August 2012, the Minister for Finance appointed thirteen (13) members to the Rebo. They are: Mr. Robert (Bobby) McVeigh – Chairman Mr. Eoin McGettigan Mr. Tom Kavanagh Mr. Brendan Burke Ms Kathleen Prendergast Mr. Stephen O’Donovan Mr. Joe O’Toole Mr. Pat Fay – Irish League of Credit Unions (ILCU) Mr. Jimmy Johnstone – Irish League of Credit Unions (ILCU) Mr. Tim Molan – Credit Union Managers Association (CUMA) Mr. Kevin Johnson – Credit Union Development Association (CUDA) Mr. Neil Ryan – Assistant Secretary, Financial Services Division, Department of Finance Ms Elaine Byrne – Deputy Head, Registrar of Credit Unions Fees are €11,970 per annum to the Chair and €7,695 per annum to ordinary members. The Rebo has not yet met and no expenses have yet been paid. It is intended that expenses will be paid in accordance with standard public guidelines and procedures. *The Minister does not make appointments to the Board of IBRC. While the Minister as sole shareholder has an “approval” role and may nominate persons to the Board, the Board actually makes the appointments. Two new Directors are due to be appointed this month whose fees, we expect, will be in the region of €73k PA. I am not aware at this point if either new appointee will take up a position as chair of any of the various committees.
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