Ireland: NEDs and new governance standards

Jonathan McMahon, Assistant Director General, Financial Institutions Supervision at the Central Bank of Ireland, delivered a speech yesterday at the Irish Banking Federation National Conference: see here (html) or here (pdf). Governance matters formed a major part of his speech and Mr McMahon took the opportunity to suggest solutions for the apparent difficulties in the recruitment of non-executive directors. He also announced that new corporate governance standards would be published on 8 November.