Sunday February 23, 2020

Government appoints new BoI director

The government plans to appoint a new public interest director to Bank of Ireland’s board to oversee taxpayers’ near 14 per cent stake.

Ian Guider

Markets Editor

19th July, 2015

The appointment, to be made shortly, follows the death of Joe Walsh last November. The former agriculture minister was appointed as one of two government nominees to the bank in early 2009. Finance minister Michael Noonan has notified the bank about the appointment.

Since 2008, the government has placed directors on the board of institutions in which it has stakes. The directors are meant to monitor the activities of the banks and ensure they do not...

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