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Can we research the Quinn Group board,they should never work in Ireland again


cyberianpan

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The board of the Quinn Group clearly haven't being doing such a good job... yet they now have the cheek to attack the Regulator:

RTÉ News: Administrators appointed to Quinn Insurance
Mr Elderfield said that it emerged last week that the strength of Quinn Insurance had been over stated by around €450m.
...
The board of the Quinn Group, which owns Quinn Insurance, has reacted angrily to the regulator's action.

It has sent a letter to all Government ministers warning that the regulator's move would put 5,500 jobs in Ireland at risk unless 'immediately reversed'.

The letter describes the regulator's action as 'highly aggressive and unnecessary',
The board of QUINN-Insurance now consists of
Changes for QUINN Insurance board
  1. Jim Quigley (Non-executive Chairman)
  2. Colin Morgan (Chief Executive)
  3. Brendan Moran (Finance Director)
  4. Sean Quinn Jnr (Operations Director)
  5. Paddy Mullarkey (Non-executive)
    [*]Vincent Clancy (Non-executive)
    [*]Tony McCusker (Non-executive

Can we profile these people and lobby any other organisations they are associated with ?

Tony McCusker is joining the company as a non-executive director to complement our increasing presence in Northern Ireland and the UK. Tony enjoyed a very successful career in the Northern Ireland Civil Service including the positions of Director of the Office of the First and Deputy First Minister and Head of Policy Group, Department of Agriculture and Rural Development.
So can we find out links etc - and start lobbying ?

cYp
 


MadAsHell

Member
Joined
May 7, 2009
Messages
92
The board of the Quinn Group clearly haven't being doing such a good job... yet they now have the cheek to attack the Regulator:

RTÉ News: Administrators appointed to Quinn Insurance


The board of QUINN-Insurance now consists of
Changes for QUINN Insurance board
  1. Jim Quigley (Non-executive Chairman)
  2. Colin Morgan (Chief Executive)
  3. Brendan Moran (Finance Director)
  4. Sean Quinn Jnr (Operations Director)
  5. Paddy Mullarkey (Non-executive)
    [*]Vincent Clancy (Non-executive)
    [*]Tony McCusker (Non-executive

Can we profile these people and lobby any other organisations they are associated with ?



So can we find out links etc - and start lobbying ?

cYp
Soon there won't be anyone left to sit on a board. of course until recently that's all they thought they had to do!
 

Christine Murray

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www.poethead.wordpress.com
the OP states that a copy went to *all* government ministers... even souped up junior ministers who got their pensions/drivers via wheeling-dealing ? (wonders etcetera , of the clientelist system)
 

Hillmanhunter1

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Jan 9, 2009
Messages
2,219
Paddy Mullarkey is a former Secretary General of the Department of Finance:
Government of Ireland - Department of Finance - List of Secretaries General

I think (but I'm open to correction) that he is also the father of Catherine Mullarkey, a director of the Dublin Docklands Development Authority:
The Board - Dublin Docklands

Paddy Mullarkey is also Chairman of Indecon, an economic consultancy where the Managing Director is Alan W Gray. Mr Gray is a director of the Financial Regulator:
The Authority
 

Hillmanhunter1

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Tony McCusker seems to be a Civil Servant from Northern Ireland. He's on the board of the Food Standards Authority there where his biographical note is as follows:
"Mr Tony McCusker was born and educated in Portadown, and served in a number of Government Departments including the former Northern Ireland Assembly and the Departments of Health and Education and Environment. He has worked with the Cultural Traditions Group and was one of the founding members of the Central Community Relations Unit before joining Making Belfast Work in 1993. As Director of Making Belfast Work, Tony McCusker led a Government initiative on urban regeneration tasked with the economic, social and environmental regeneration of the most disadvantaged parts of Belfast.

In 1997/98 he was Deputy Secretary of the Department of the Environment with policy responsibility for a wide range of public services including Water, Transport issues, Road Safety and the Fire Authority.

In February 1998 he was appointed as Director (Political Co-Ordination and Support) in Central Secretariat which supported the work of Northern Ireland Departments and its links with the Northern Ireland Office. He was involved in the negotiations to establish the new devolved administration in Northern Ireland and implementing other elements of the Good Friday Agreement.

He was Director in the Office of the First Minister and Deputy First Minister with responsibility for the Executive Secretariat and Corporate Services from December 1999 to January 2002.

He joined the Department of Agriculture and Rural Development as Deputy Secretary on 14 January 2002 and was responsibile for the Department’s Policy Group. He led the 2003 Common Agriculture Policy negotiations for NI and represented DARD regularly at UK and EU strategy meetings on agri-food, rural issues, the environment and fisheries.

Tony retired from the Northern Ireland Civil Service on 30 August 2005 and since then has undertaken a wide range of advisory work in Northern Ireland and in several European countries. He is also the Chairman of the NI Community Relations Council and the Community Foundation for Northern Ireland."
 

Anorakphobia

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Apr 13, 2007
Messages
911
Dublin business is very close indeed. Nothing much in the Times and the AP is brief : Quinn Group hit out at regulator - Irish, Business - Independent.ie

Have a look at the statement from the board where they accuse the Regulator of viewing Quinn's asset valuations as "perceived"
"However, the regulator has seen fit to take this action in the context of a perceived depreciation of the underlying assets of Quinn Insurance Limited. "


Staggering
The vast majority of assets of Quinn Insurance would be quotable investments, so in other words the Quinn directors seem to be saying the actual quoted prices of assets are merely "perceived" and we should maybe put more store in some fictional valuation that might better suit.
 

Dreaded_Estate

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Christine Murray

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Last edited:

Verhofstadt

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Jun 7, 2007
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********************
Some old reporting here on the board:

New Quinn chairman has been on board for a decade: ThePost.ie

James Quigley, who was appointed chairman of Quinn Insurance following the shock resignation of the company’s founder and chairman Seán Quinn last weekend, has served on the board of Quinn Insurance for the last 11 years.

The other non-executive directors of Quinn Insurance are Paddy Mullarkey, a former secretary general of the Department of Finance and Vincent Clancy. Mullarkey rejoined the board of Quinn Insurance in February this year, having resigned from the board in August 2007.

A spokesman for Quinn Insurance explained that Mullarkey had reduced his involvement ‘‘for personal reasons’’ in 2007.

He had also resigned from the board of a pension fund and a charitable trust at that time, the spokesman said. But Mullarkey was asked in early 2008 to rejoin the board to work through the issues that had arisen at Quinn, he added. The spokesman declined to comment on the roles of the various non-executives on the board.

But Clancy was described to brokers at a forum organised by Quinn Insurance earlier this year as being responsible for compliance, while Mullarkey was described as being responsible for investments and Quigley as being responsible for audit.
 

johnfás

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Feb 22, 2007
Messages
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Large private companies often have very weak boards - a consequence of the only/major shareholder (who is often also the ceo/chairman/both) wanting to maintain the maximum control over the company. You saw that in respect of the geezers who lined up as directors in the Zoe Group.
 

MsAnneThrope

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Apr 8, 2009
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Paddy Mullarkey is a former Secretary General of the Department of Finance:
Government of Ireland - Department of Finance - List of Secretaries General

I think (but I'm open to correction) that he is also the father of Catherine Mullarkey, a director of the Dublin Docklands Development Authority:
The Board - Dublin Docklands

Paddy Mullarkey is also Chairman of Indecon, an economic consultancy where the Managing Director is Alan W Gray. Mr Gray is a director of the Financial Regulator:
The Authority
The Indecon connections are interesting...
 

He3

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Joined
Oct 1, 2008
Messages
17,094
It appears that Mr Mullarkey was Chair of Indecon's Advisory Board, rather than being Chair of Indecon as such.
 

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