Bank public directors paid more - figures

The public interest directors appointed by the Government to the financial institutions covered by the State guarantee are paid up to six times more than directors of other state bodies.

Figures show the directors appointed to Anglo Irish Bank are amongst the highest paid, with Alan Dukes and Frank Daly each receiving almost €100,000 each in fees.

The figures also reveal that State appointed directors to AIB receive €3,000 for every committee meeting they attend on top of a basic fee.

Irish Nationwide was the only institution not to reveal the fees of its state-appointed directors.

The fees of non-executive directors of other state bodies such as Aer Lingus, the Central Bank, HSE and ESB are capped at between €6,300 and €15,750.

A spokesman for the Department of Finance said that the fees reflect the recommendations of a committee looking at remuneration in the guaranteed institutions and that the fees for state appointed directors are appropriate and relate to the scale of the operations and complexity of institutions involved.

In Bank of Ireland, State-appointed non executive directors Tom Considine and Joe Walsh receive basic fees of €63,000.

Membership of committees bring Tom Considine's total fees to €102,375 and Joe Walsh's to €78,750.

In AIB, Dick Spring and Declan Collier receive basic fee of €27,375 and also receive €3,000 for each committee meeting they attend. The number of committees of which they are members and attend is not available.

At Anglo Irish Bank, Alan Dukes and Frank Daly receive basic fees of €73,600 and a committee fee of €25,760, bringing their total fees to €99,360 each.

At Irish Life and Permanent, Ray MacSharry and Margaret Hayes receive basic fees of €56,250 and Ms Hayes also receives €7,500 for committee work which brings her total to €63,500

At EBS, Tony Spollen and Ann Riordan both receive a basic fee of €29,000 each.

Irish Nationwide Building Society would not reveal the fees of its two State appointed non-executive directors Rory O'Farrell and Adrian Kearns.