Department of Finance of Ireland : Comment by Minister for Finance on Bank of Ireland's appointment of Mr. Michael Torpey as Chief Executive, Corporate and Treasury Division

Department of Finance
Government Buildings
Upper Merrion Street
Dublin 2
Ireland

Tel: [phone]
LoCall: 1890 66 10 10
Fax: [phone]
[e-mail]

Speaking on Bank of Ireland's appointment of Mr. Michael Torpey as Chief Executive, Corporate and Treasury Division, the Minister for Finance, Michael Noonan T.D. stated today (16th January 2013):

"I would like to take this opportunity to wish Michael every success in his new role in Bank of Ireland. As the Head of the Shareholder Management Unit in the Department Michael has been fully committed to resolving the banking crisis in Ireland and has contributed greatly to the restructuring of the Irish Banking sector. I have no doubt that Michael will continue to make a valuable contribution to the Irish Banking sector in his new role.

Over the past number of years, the Department has recruited a large number of skilled people from the private sector and is committed, in line with Government policy, to encouraging greater mobility between the public and private sector.  Michael's departure is an example of this increased mobility and I am sure that many more highly skilled individuals will move in both directions between the public and private sectors in the months and years ahead.

Ends

16 January, 2013