SBCI Governance The issued share capital of the SBCI is owned solely by the Minister for Finance. The SBCI’s Constitution provides that there shall be a minimum of two and a maximum of nine Directors. The Minister for Finance is the sole owner of the issued share capital of the SBCI. A Board of Directors and three committees established by the Board oversee the activities of the SBCI. The SBCI was incorporated pursuant to the Strategic Banking Corporation of Ireland Act 2014 (the ‘SBCI Act’) in September 2014. In July 2016, it converted to a Designated Activity Company under the Companies Act 2014. The SBCI’s Constitution provides that there shall be a minimum of two and a maximum of nine Directors, one of whom will be the Chief Executive Officer, who is an ex-officio member of the Board. The first Directors were appointed by the Minister for Finance on the formation and registration of the SBCI. The Board may appoint subsequent Directors on the nomination of the Minister and shall implement the terms of the Minster’s nomination. The Chairperson is appointed by the Minister. View short biographies and appointment terms of the Board appointees here The Board has established three committees: Audit and Risk Committee Credit Committee Remuneration Committee A Code of Conduct is in place for Directors and was updated in 2019. SBCI staff are employees of the National Treasury Management Agency (NTMA) and assigned to the SBCI. These staff members are subject to the NTMA’s Code of Practice on Confidentiality and Professional Conduct. Directors and members of staff are expected to ensure that all their activities are governed by the ethical standards reflected in the relevant code. SBCI Board Code of Conduct Protected Disclosure Annual Report 2020 Section 22 of the Protected Disclosures Act 2014 requires the publication of a report each year relating to the number of protected disclosures made in the preceding year and any actions taken in response to such disclosures. No protected disclosures were received by the Strategic Banking Corporation of Ireland in the reporting period up to 31st December 2020. The Strategic Banking Corporation of Ireland is incorporated in Ireland and is a private company limited by shares. Registered office Treasury Dock, North Wall Quay Dublin 1 Eircode: D01 A9T8 ABOUT US OUR PRODUCTS OUR PARTNERS LEGAL Supported by Registered number: 549539 © Copyright 2020 SBCI, Strategic Banking Corporation of Ireland Website by Kooba By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage. Cookie Policy Accept All Cookies Use Necessary Cookies Only Cookies Settings