New benefit for over-65s will leave people living in poverty, Government told independent.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.ie Daily Mail and Mail on Sunday newspapers.
It is understood that the recruitment process for the ISIF role included both internal and external candidates. It is also understood that a selection process for the SBCI’s new chief executive will begin in the first quarter of next year.
Before becoming CEO of SBCI, Mr Ashmore was project director during the lender s establishment phase. Previous to that role, he was a senior member of the team managing the National Pension Reserve Fund (NPRF) from 2006, eventually becoming deputy director in 2011.
The NPRF provided the seed assets for the establishment of ISIF in 2014 after the government at the time decided to leverage the State rainy-day account towards more directed investments.
Taoiseach Micheál Martin had to limit his movements last week because French president Emmanuel Macron contracted Covid-19. Perhaps he should consider restricting his words too when it comes to discussing the bank bailouts.
It was a tactical disaster for the Taoiseach to respond to political goading from Richard Boyd-Barrett about how the banks could be bailed out but Debenhams workers could not. Irrespective of the rights or wrongs of the Debenhams situation, Fianna Fáil is still haunted by the specter of the €64bn bank bailout.
The Fawlty Towers maxim of not mentioning the war should apply on this subject among senior Fianna Fáilers.