The Department of Finance is to place advertisements in the national newspapers seeking people who are interested in being appointed or nominated to the boards of the banks.
The department said the adverts would give anyone interested in and qualified to act as a director the chance to advise the Finance Minister of their interest.
It said the move would make the appointment process more open and transparent and was part of commitments given in the Programme for Government to restructure bank boards.
People who are interested must apply by Thursday May 12.
The advert says that to qualify for appointment, a person 'must not have any conflicts of interest likely to interfere with his/her ability to play a full part on the board'
Any person expressing an interest must also have 'considerable expertise' in financial services and experience at a senior level in one or more of ten listed areas.
New appointment for spending department
The Government has appointed Robert Watt as Secretary General of the Department of Public Expenditure and Reform.
Mr Watt is an economist who has worked in the public and private sector. He has worked in a range of roles within the Department of Finance as well as previously working with Indecon Economic Consultants and London Economics.
He is currently an Assistant Secretary in the Sectoral Policy Division of the Department of Finance. Mr Watt has responsibility for overall spending policy including the planned Comprehensive Spending Review, capital investment policy and managing the annual estimates process.
Brendan Howlin is Minister at the department, with Micheal Noonan as Minister for Finance.
