Does my right hon. Friend agree that there should be some control or regulation over non-executive directors of banks? In the case of Northern Rock, the chairman's only qualification seemed to be the fact that he was the son of Viscount Ridley. The problems that Northern Rock experienced call into question the role of some of the non-executive directors.
Northern Rock and Banking Reform
Proceeding contribution from
Lord Beamish
(Labour)
in the House of Commons on Monday, 10 March 2008.
It occurred during Estimates day on Northern Rock and Banking Reform.
Type
Proceeding contribution
Reference
473 c25
Session
2007-08
Chamber / Committee
House of Commons chamber
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Timestamp
2023-12-15 23:58:16 +0000
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