The Strategic Banking Corporation of Ireland (SBCI) is a private limited company established under the Strategic Banking Corporation of Ireland Act 2014. The SBCI was formed and registered under the Companies Acts. The issued share capital of the SBCI is owned solely by the Minister for Finance.
On 19th March 2015, the Minister for Finance, Michael Noonan T.D., nominated six people to the Board of the Strategic Banking Corporation of Ireland (SBCI). The Board of the SBCI may consist of not more than 9 directors. Ann Nolan and Conor O’Kelly were reappointed for a period of three years. Nick Ashmore continues to be an ex-officio director as a consequence of being the Chief Executive Officer of the SBCI.
|Board membership of the Strategic Banking Corporation of Ireland|
|Conor O’Kelly (Chairperson)||12 March 2015||11 March 2018|
|Ann Nolan||12 March 2015||11 March 2018|
|Nick Ashmore (CEO)||12 March 2015||ex officio|
|Tom McAleese *||24 March 2015||11 March 2019|
|Barbara Cotter *||18 March 2015||11 March 2019|
|AJ Noonan||18 March 2015||11 March 2019|
|Eilis Quinlan *||18 March 2015||11 March 2020|
|Richard Pelly||18 March 2015||11 March 2020|
|Rosheen McGuckian||27 March 2015||11 March 2020|
* Note: Tom McAleese (Chairperson), Barbara Cotter and Eilis Quinlan have been appointed to the SBCI Audit and Risk Committee.
View short biographies for the new SBCI board appointees here.
The SBCI Board has adopted a Code of Conduct which underscores the Board’s commitment to the highest standards of ethical conduct. View the Code of Conduct here.
Under the Strategic Banking Corporation of Ireland Act 2014 the National Treasury Management Agency assigns staff and provides business and support services and systems to the SBCI.
The Comptroller and Auditor General is the auditor of the SBCI.
Protected Disclosure Annual Report 2016
Section 22 of the Protected Disclosures Act 2014 requires the publication of a report each year relating to the number of protected disclosures made in the preceding year and any actions taken in response to such disclosures.
No protected disclosures were received by the Strategic Banking Corporation of Ireland in the reporting period up to 31st December 2016.