Written answers
Tuesday, 5 February 2013
Department of Finance
Departmental Staff Redeployment
Gerry Adams (Louth, Sinn Fein)
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To ask the Minister for Finance if a person (details supplied) from his Department continues to hold a senior position with the Irish Bank Resolution Corporation; the person's responsibilities within the bank; if he has had any recent correspondence with the Chairman of the Irish Bank Resolution Corporation in relation to the person's position; and if he will make a statement on the matter. [5518/13]
Michael Noonan (Limerick City, Fine Gael)
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The person referred to by the Deputy was seconded to the Irish Bank Resolution Corporation on 2nd October 2012 for a period of six months after which time the secondment would be reviewed. As the Head of Market Solutions and a member of the Executive Management Committee the secondee is responsible for all aspects of deal execution in respect of certain designated portfolios. In addition, this person is also participating fully in the formulation of strategy for IBRC as a whole. I have been communicating with the Chairman on a regular basis over the period of the secondment in order to best maximise the joint advantages to both the Department and IBRC from this arrangement.
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