Written answers

Tuesday, 8 July 2014

Department of Finance

Appointments to State Boards

Photo of Robert TroyRobert Troy (Longford-Westmeath, Fianna Fail)
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170. To ask the Minister for Finance if he will provide in tabular form the number of appointments to State boards under his Department's remit from March 2011 to date; the number of vacancies on State boards under his Department's remit from March 2011 to date; the number of vacancies on State boards under his Department's remit publically advertised from March 2011 to date; and the number of appointments to State boards under his remit drawn directly from the public advertisement process. [29191/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The Information requested by the Deputy is contained in the following table:

Name of Body Number of appointments / re-appointments made since March 2011Number of vacancies that have arisen  since  march 2011Comment
Board of the National Development Finance Agency 4There are currently 3 vacancies on the Board3 vacancies were advertised. Two members were appointed on the basis of Curriculum vitae and two were ex-officio appointments.
National Treasury Management Advisory Committee3There are currently 2  vacancies on the Advisory CommitteeIt has been the norm to appoint the Secretary General of the Department of Finance to the Advisory Committee since the Establishment of the National Treasury Management Agency


There was one reappointment to the Advisory Committee



The other position was advertised publically. The position was not filled from the process.
State Claims Agency  Policy Committee5There are no vacanciesTwo members were appointed on the basis of Curriculum vitae.


There was one re-appointment.


By convention, the Department of Health has had a representative on the State Claims Agency Policy Committee. There were two Department of Health appointments within the period; an initial appointment and a replacement following their retirement and resignation from the post. 
National Pensions Reserve Fund2There are currently 2 vacanciesThere were 2 re-appointments in the period.
National Asset Management Agency56Expressions of interest were sought in 2012 for a panel of candidates to fill any upcoming vacancies on the Board. To date all appointments to the NAMA Board have been Ministerial appointments, no board members have been appointed from the expressions of interest sought in 2012.  
Credit Union Restructuring Board (Rebo)13 (Inclusive of Chairman)1The Credit Union Restructuring Board (ReBo) comprises thirteen members in total, including six independent members. To identify suitable independent members the Department publicly advertised for expressions of interest on the Department of Finance and the Public Appointments Service websites. Nominations were also invited from credit union representative bodies, the Central Bank of Ireland and the Department of Finance. The Minister also appointed Mr Joe O'Toole to ReBo for continuity purposes as Mr O'Toole was a member of the Commission on Credit Unions.


Appointments are made from those who submitted a curriculum vitae.


One person has recently resigned from the Board of ReBo and there are no plans to fill the vacancy at this time. 
Fiscal Advisory Council50See note *
Financial Services Ombudsman's Council 70Financial Services Ombudsman Council was reappointed for a 2 year term up to 28th October 2015 or until the merger of the Financial Services Ombudsman with the Pension Ombudsman has been completed, whichever is the sooner.


In view of the short term of the Council and the amalgamation of the Offices of the Pension Ombudsman and the Financial Services Ombudsman which will require the experience of the existing Council to effect, these positions were not advertised.  The appointment of an additional person with specific legal qualifications and experience was also required.  
Irish Financial Services Appeals Tribunal 77No vacancies have arisen other than in respect of Tribunal members coming to the end of their term of appointment as set out in legislation. All vacancies were advertised on Publicjobs.ie website. Three appointments made as result of applications made through the public Publicjobs.ie website.
Central Bank Commission22One member was re-appointed and a further member was newly appointed as a result of a publically advertised process.
* As Minister for Finance I announced the establishment of the Irish Fiscal Advisory Council on a non-statutory basis on 7 July 2011. When establishing the Council, I stated that the Council would be an independent body whose existence and independence would be underpinned by legislation to be brought forward by Government in the Fiscal Responsibility Bill. The Chairman did not undergo interview by Oireachtas Committee but the Fiscal Council appeared before the Joint Oireachtas Committee on Finance, Public Expenditure and Reform on a number of occasions to discuss their fiscal assessment reports. I appointed the members having regard to a number of criteria, including the desirability of having a mix of appropriate backgrounds (academia, the financial sector/financial markets and public finance), macroeconomic/microeconomic expertise and a strong international dimension, as well as the need to take gender considerations into account. I am satisfied that the appointed members have the mix of skills and experience, including in relation to fiscal affairs, to ensure that the Council will be highly effective in fulfilling its mandate. The Fiscal Responsibility Act 2012 was brought into legislative effect on 27th November 2012. The Council commenced on a Statutory basis from the 31st December 2012. The membership remains the same as above.

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