Menu
03/11/2009
Finance Dept Seeks Nama Candidates
The Department of Finance has placed advertisements in today's newspapers seeking people to join the first board of the contentious National Asset Management Agency.
The ad states the Governemnt is seeking expressions of interest from those with "specialist expertise" to join the board that will be buying up toxic loans being held by banks.
The board of NAMA will be made up of seven non-executive members with the application seeking those with expertise in areas such as finance, law, accounting, property valuation, banking or insolvency.
Speaking regarding the launch of the recruitment drive for NAMA, Minister for Finance Brian Lenihan said: "The early establishment of NAMA is of critical importance. That is why we have sought expressions of interest for appointment to the NAMA Board at this time and in advance of the anticipated enactment of the NAMA Bill.
"The role of the NAMA Board will be critical in ensuring that NAMA discharges its functions under the legislation in an efficient and effective manner. This in turn will mean that NAMA meets its policy objective of restoring stability to the Irish financial system and improving credit availability. In that context, I will be seeking to appoint candidates of the highest calibre to the Board of NAMA."
Minister for Finance Brian Lenihan said he is open to suggestions from the Opposition for candidates for the board. The closing date for applications is 11 November while the Government hopes to have the NAMA finalised legislation finished in the Oireachtas by 12 November.
It will then be up to President Mary McAleese to decide whether to sign it or refer it to the Supreme Court.
(DW/BMcc)
The ad states the Governemnt is seeking expressions of interest from those with "specialist expertise" to join the board that will be buying up toxic loans being held by banks.
The board of NAMA will be made up of seven non-executive members with the application seeking those with expertise in areas such as finance, law, accounting, property valuation, banking or insolvency.
Speaking regarding the launch of the recruitment drive for NAMA, Minister for Finance Brian Lenihan said: "The early establishment of NAMA is of critical importance. That is why we have sought expressions of interest for appointment to the NAMA Board at this time and in advance of the anticipated enactment of the NAMA Bill.
"The role of the NAMA Board will be critical in ensuring that NAMA discharges its functions under the legislation in an efficient and effective manner. This in turn will mean that NAMA meets its policy objective of restoring stability to the Irish financial system and improving credit availability. In that context, I will be seeking to appoint candidates of the highest calibre to the Board of NAMA."
Minister for Finance Brian Lenihan said he is open to suggestions from the Opposition for candidates for the board. The closing date for applications is 11 November while the Government hopes to have the NAMA finalised legislation finished in the Oireachtas by 12 November.
It will then be up to President Mary McAleese to decide whether to sign it or refer it to the Supreme Court.
(DW/BMcc)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
08 September 2011
NAMA And NTMA Speak At Oireachtas
Another meeting was held today in the interest of Ireland's economic and banking system. The Oireachtas Committee today met with The National Assests Management Agency (NAMA) and the National Treasury Management Agency (NTMA). The committee has secured a series of meetings with the main players in the field of domestic and European finance.
NAMA And NTMA Speak At Oireachtas
Another meeting was held today in the interest of Ireland's economic and banking system. The Oireachtas Committee today met with The National Assests Management Agency (NAMA) and the National Treasury Management Agency (NTMA). The committee has secured a series of meetings with the main players in the field of domestic and European finance.
14 May 2010
NAMA Move Welcomed At Stormont
There has been a welcome for this week's announcement by the National Asset Management Agency (NAMA) confirming the establishment of its Northern Ireland Advisory Committee.
NAMA Move Welcomed At Stormont
There has been a welcome for this week's announcement by the National Asset Management Agency (NAMA) confirming the establishment of its Northern Ireland Advisory Committee.
19 July 2018
Finance For Non-Finance Managers Workshop
A two-day 'financial knowledge' workshop has been announced by the William J Clinton Leadership Institute. The 'Finance for Non-Finance Managers: Understanding the numbers' workshop is for current and future business leaders who wish to broaden their financial knowledge.
Finance For Non-Finance Managers Workshop
A two-day 'financial knowledge' workshop has been announced by the William J Clinton Leadership Institute. The 'Finance for Non-Finance Managers: Understanding the numbers' workshop is for current and future business leaders who wish to broaden their financial knowledge.
30 August 2016
Finance Minister Seeks Investment Assurances From EIB
NI's Finance Minister, Máirtín Ó Muilleoir, has met with the Vice-President of the European Investment Bank (EIB) to seek assurances on continued investment in the Northern Irish economy. Minister Ó Muilleoir met with Jonathan Taylor to discuss EIB and it's place in NI in the wake of the EU referendum vote.
Finance Minister Seeks Investment Assurances From EIB
NI's Finance Minister, Máirtín Ó Muilleoir, has met with the Vice-President of the European Investment Bank (EIB) to seek assurances on continued investment in the Northern Irish economy. Minister Ó Muilleoir met with Jonathan Taylor to discuss EIB and it's place in NI in the wake of the EU referendum vote.
26 August 2010
NAMA Applauded At Stormont
There has been high-level support expressed for the work of the Irish Republic's National Asset Management Agency, (NAMA) and its impact on NI finances.
NAMA Applauded At Stormont
There has been high-level support expressed for the work of the Irish Republic's National Asset Management Agency, (NAMA) and its impact on NI finances.
-
Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
