Written answers
Wednesday, 6 May 2015
Department of Finance
Departmental Agencies
Joe Costello (Dublin Central, Labour)
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154. To ask the Minister for Finance the State boards, bodies or committees on which vacancies currently exist or on which vacancies are anticipated to arise up to and including 1 January 2016; the number of vacancies in each case; when the vacancy arose or will arise; if the vacancy relates to a chair or a member; the details of the appointment process in each case; and if he will make a statement on the matter. [17602/15]
Michael Noonan (Limerick City, Fine Gael)
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In answer to the Deputy's question the information sought on vacancies on State Boards, bodies or committees under the aegis of the Department of Finance is contained in the table below. I, and my Department are cognisant of the need to adhere to the Department of Public Expenditure and Reform's Guidelines on Appointments to State Boards.
| Organisation | Number of Vacancies up to 1st January 2016 | Date of Vacancies | Vacant Position | Details of Appointment Process |
|---|---|---|---|---|
| Central Bank of Ireland | 1 Section 18CA(1)(b) of the Central Bank Act 1942, as amended, provides that the Central Bank Commission comprises of at least 6, but no more than 8, members appointed by the Minister. The Commission currently comprises of 6 members appointed by the Minister. The Minister has the discretion to appoint 2 additional members | The Governor has announced his intention to retire. Details of date of retirement to be confirmed. | Governor. | A process of appointment will be commenced shortly. |
| Financial Services Ombudsman Council | The vacancies may be impacted by the amalgamation of the Financial Services Ombudsman and Pension Ombudsman therefore, the number is not currently available. Currently there are 7 board members | Term of all board members expires on the 28th of October 2015 | To be determined. | The vacancies may be impacted by the amalgamation of the Financial Services Ombudsman and Pension Ombudsman. |
| Investor Compensation Company Limited | 8 | 28th April 2015 (Chair) 4th September 2015 (Deputy Chair/Chair Funding Committee) 31st July 2015 (6 Board Members) | Chair Deputy Chair/Chair Funding Committee Board Members | As per Section 18 (6) of the Investor Compensation Act 1998, The Governor of the Central Bank of Ireland shall nominate and appoint the chairperson of the Board. As per Section 18 (4) of the Investor Compensation Act 1998, the Minister may prescribe natural persons, who represent the interests of the clients of investment firms, to the board. The Department intends to fill this vacancy via a public expressions of interest process. |
| Irish Financial Services Appeals Tribunal | 1 | 21st March 2015 | Chairperson | In line with legislation. |
| Irish Fiscal Advisory Council | 2 | 31st December 2015 | Council Members | If the Minister decides not to re-appoint these members, an open selection process will be undertaken in accordance with the "Guidelines for appointments to State boards". |
| NAMA | 2 | December 2013 January 2014 | Board Members | Will be filled in accordance with "Guidelines for appointments to State boards". |
| The Appeals Commissioners | 2 | June 2015 October 2015 | Appeals Commissioner | An open competition to recruit new Appeals Commissioners is expected to commence shortly. |
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