Written answers
Thursday, 6 April 2017
Department of Finance
Public Interest Directors Data
Pearse Doherty (Donegal, Sinn Fein)
Link to this: Individually | In context | Oireachtas source
102. To ask the Minister for Finance the name of the public interest directors in State backed banks in each year since the posts were created in tabular form; the total remuneration per director per annum; and if he will make a statement on the matter. [17168/17]
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
The date of appointment and date of resignation/cessation of office for each of the public interest directors appointed at AIB, BOI and PTSB are as follows:
Bank | Appointed | Resignation/cessation |
---|---|---|
Allied Irish Banks | ||
Dick Spring | Jan-09 | Dec-14 |
Declan Collier | Jan-09 | Jun-12 |
Bank of Ireland | ||
Tom Considine | Jan-09 | Still in office. |
Joe Walsh* | Jan-09 | Nov-14 |
Permanent TSB | ||
Margaret Hayes | Dec-08 | May-13 |
Ray Mac Sharry | Dec-08 | May-13 |
*Joe Walsh ceased to be a director following his death in November 2014.
Information in relation to fees paid to each of these directors is publically available in the banks' annual reports which can be accessed via the Investor Relations section of respective bank's website found at the following links:
AIB:
BOI:
PTSB:
For EBS, prior to its merger with AIB, and the institutions no longer trading, the information requested by the Deputy is as follows:
Bank | Appointed | Resigned | Fees - 2009 | Fees - 2010 | Fees - 2011 |
---|---|---|---|---|---|
Anglo Irish Bank* | |||||
Frank Daly | Dec-08 | Dec-09 | €98,000 | - | - |
Alan Dukes* | Dec-08 | Jun-10 | €102,000 | €52,000 | - |
EBS | |||||
Anthony Spollen | Jan-09 | Jun-11 | €37,500 | €29,000 | €14,500 |
Ann Riordan | Jan-09 | Jun-11 | €37,500 | €29,000 | €15,600 |
INBS | |||||
Adrian Kearns | Jan-09 | Jun-11 | €55,000 | €36,000 | €18,000 |
Rory O'Ferrall | Jan-09 | Jun-11 | €55,000 | €36,000 | €18,000 |
*IBRC did not appoint any public interest directors under the terms of the Government Guarantee Scheme since 2011. Frank Daly and Alan Dukes were appointed public interest directors in December 2008. Frank Daly resigned on 22 December 2009 whilst Alan Dukes was appointed non-executive chairman on 14 June 2010.
No comments