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Governance

Governance

The National Treasury Management Agency (NTMA) is manager and controller of the Ireland Strategic Investment Fund.

The NTMA Agency (Board) comprises a Chairperson and eight other members reporting to the Minister for Finance with over-arching responsibility for all of the NTMA’s functions (excluding NAMA and SBCI which have their own separate boards). Six members, including the Chairperson, are appointed by the Minister for Finance. The Chief Executive of the NTMA and the Secretaries General of the Departments of Finance and Public Expenditure and Reform are ex-officio members of the Agency. The Agency reports to the Minister for Finance.

The term of office of an appointed member is five years, other than the initial appointed members of whom two members are appointed for three years and two members are appointed for four years.

The Agency has established four committees:

The NTMA was reconstituted on 22 December 2014 with the commencement of Part 2 of the NTMA (Amendment) Act 2014 and the above governance structure put in place. Prior to that, the Chief Executive was directly responsible to the Minister for the performance of the functions of the Agency.

For more information on the governance of the NTMA please visit the NTMA website.

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