Written answers

Tuesday, 30 April 2013

Department of Finance

Appointments to State Boards

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)
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163. To ask the Minister for Finance his plans to publicly advertise the upcoming board vacancies on the Financial Services Ombudsman Council and invite expressions of interest; and if he will make a statement on the matter. [19880/13]

Photo of Michael NoonanMichael Noonan (Minister, Department of Finance; Limerick City, Fine Gael)
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Section 57BC of the Central Bank and Financial Services Authority Act 2004 provides for the establishment of the Financial Services Ombudsman Council. The current term of the Financial Services Ombudsman Council’s members will expire on 28 October 2013. In line with Government Decision S180/20/10/1424, I will invite expressions of interests in advance for any vacancies for members of the Financial Services Ombudsman Council. These will be advertised in advance on the Department of Finance website.

Expressions of interest from persons with the relevant qualifications will be considered, and any appointments will not necessarily be confined to those who make expressions of interest.

The Financial Services Ombudsman Council will consist of no fewer than 5 members nor more than 10 members, as I decide. The Council members will be appointed following consultation with the Minister for Enterprise Trade and Employment.

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