Board & Committees 2003

Board 2003

The Board operates to best practice corporate governance principles and in line with the guidelines set out in the "Code of Practice for the Governance of State Bodies" as issued by the Department of Finance, both in its own activities and in its use of committees.

It is responsible for setting the broad policies of the organisation and for overseeing its operations. It performs these functions directly and through the operation of focused Board Committees. Responsibility for the implementation of policy rests with executive management.

The Board has statutory authority to approve grant aid up to the levels set out in the Industrial Development Act and to recommend on grant aid above these levels to Government.

In accordance with the Ethics in Public Office Act, 1995, IDA Ireland Board members furnish a Statement of Interest to the Standards in Public Office Commission and to the Secretary.

John Dunne

Chairman, IDA Ireland
Former Director General, Irish Business & Employers Confederation (IBEC)

Loretta Brennan Glucksman

Chairman, American Ireland Fund

Bernard Collins

Chief Executive, Lifemed Consulting Ltd.
Director of a number of other medical device companies

Kieran Corrigan

Managing Partner, Kieran Corrrigan & Co., Chartered Accountants
Managing Director, Merlin Films International Ltd.

Sean Dorgan

Chief Executive, IDA Ireland
Board Member, Forfás

Ann Marie Gill

Director of Human Resources GE Financial Insurance Europe

Brid Horan

General Manager Pensions, ESB
Director, ESB International
Commissioner, National Pensions Reserve Fund

Gary Kennedy

Group Director, Finance & Enterprise Technology, AIB Group
Board Director, National University of Ireland, Galway

Ronald Long

Assistant Secretary, , FDepartment of Enterprise, Trade & Employment
Board Memeber, Nitrigin Éireann Teo

Ronald Long

Assistant Secretary,Department of Enterprise, Trade & Employment
Board Memeber, Nitrigin Éireann Teo

Thomas Lynch

Senior Adviser to the ChairmanElan Corporation, plc
Chairman, Amarin Corporation plc
Director, ICON plc

Dr. Frank McCabe

Former V.P.Intel Corporation
Director, Citibank Ireland Financial Services plc
Director, Science Foundation Ireland

Nial Ring

Managing Director, Greencastle Investments Ltd.
Chairman, Pubxchange.com Ltd.
Chairman, Unilansys Ltd.

Dick Ryan

Secretary

Committees 2003

Audit & Finance Committee:

Assists and supports the Board in discharging its legal and accounting responsibilities; communicates with external auditors and evaluates and controls the internal audit function; reviews financial planning and monitors budgeting and banking arrangements.

MEMBERS:

Brid Horan (Chair)
Bernard Collins
Sean Dorgan
Thomas Lynch
Dr. Frank McCabe

Management Development & Remuneration Committee:

Responsible for reviewing performance of the management team and planning for management development and succession. The Committee also reviews remuneration of senior management in the context of government guidelines.

MEMBERS:

John Dunne (Chair)

Sean Dorgan
Brid Horan
Dr. Frank McCabe

Investment Committee

Reviews proposals for grant assistance on a delegated basis from the Board to approve up to a maximum of m1.5 million.

MEMBERS:

Gary Kennedy (Chair)
Kieran Corrigan
Sean Dorgan
Ann Marie Gill
Ronald Long

Property Committee

Reviews policy with regard to the financing, provision, maintenance and disposal of property and approves procedures with regard to tendering and awarding of contracts.

MEMBERS:

Brid Horan (Chair)
Bernard Collins
Sean Dorgan
Thomas Lynch
Dr. Frank McCabe

Statuary Notices

EQUALITY IN IDA IRELAND

Equality is an established priority for IDA and the principles continue to be endorsed by the CEO and Management Committee. The organisation has a progressive equality agenda and new initiatives are developed, on an ongoing basis, to reinforce our commitment to this area. IDA Ireland is an Equal Opportunities employer. To this end we are committed to ensuring that no staff member of IDA, or applicant for employment to IDA, receives less favourable treatment than any other on grounds of gender, marital status, family status, sexual orientation, religion, age, disability, race, membership of the travelling community or any other grounds not relevant to good employment practice.

During 2002, through the running of a 'DREW' Campaign (Dignity, Respect, Equality and Work Life Balance) specific attention was paid to the areas of selection and recruitment, staff development & training, promotion, work/life balance and anti-stress and harassment measures. In addition, there is a comprehensive set of policies to enable staff develop a desirable balance between their work and personal priorities i.e. job sharing, career breaks, flexible working hours, phased parental leave, etc.

THE EQUALITY OBJECTIVE

Our continued focus in the area of Equality is to develop and encourage an equality culture and attitude within the organisation. The objective is to ensure that all staff are treated fairly and are provided with equal opportunity for development and career progression. This involves integrating equality into day-to-day performance management and staff development programmes, so that it becomes part of the culture of the organisation and a core management practice - encouraged by all managers and adopted by all staff throughout the organisation.

SAFETY, HEALTH AND WELFARE ACT (1989)

In accordance with the Safety, Health and Welfare Act (1989) IDA Ireland adopted the written safety statement of the former Industrial Development Authority and continues to implement appropriate measures to protect the safety and health of all employees and visitors within its offices.

WORKER PARTICIPATION (STATE ENTERPRISE) ACT 1988

Sub Board consultative structures are operating effectively in IDA Ireland and are a recognised feature of the organisation's communications and consultative structure. The Joint Consultative Committee is welcomed as a positive process by both management and staff.

ETHICS IN PUBLIC OFFICE ACT, 1995

In accordance with the Ethics in Public Office Act, 1995, all IDA Ireland staff holding designated positions have completed statements of interest in compliance with the provisions of the Act.

FREEDOM OF INFORMATION ACT, 1997

This Act became effective in relation to IDA Ireland on the 30th March 2001. Requests for information under this Act should be addressed to the Freedom of Information Executive, IDA Ireland, Wilton Park House, Wilton Place, Dublin 2.

ENERGY EFFICIENCY

In June 2001 the Government issued a memorandum requiring all State Agencies to report, in their Annual Report, on measures being taken to reduce energy usage, where they have responsibility for new buildings or major refurbishment of buildings and/or in buildings occupied by them. IDA Ireland, in the design, planning and construction of office and manufacturing buildings on its Business and Technology Parks, applies 'best practice' principles in all cases. In relation to the Dublin offices, which are managed by Forfás, an energy efficiency audit is about to be undertaken which will result in an action plan to maximise energy efficiency. IDA's regional offices conform to 'best practice' principles.

At a Glance
Summary - IDA Supported Announcements - 2002*

COMPANY	LOCATION	ACTIVITY
Abbott	Galway	HealthcareProducts
Amersham Health	Cork	Pharmaceuticals
AMO	Mayo	Shared Services
AOL	Dublin	European Centre
APC	Galway	Software R&D
Athlone Optical	Westmeath	Optical Products
Bausch & Lomb	Waterford	R&D
Churchill	Galway	Customer Centre
Dow Corning	Cork	R&D Centre
dpa	Cork	Global Centre
Fort Wayne	Mayo	Precision Wire
GMAC	Westmeath	Global IT Hub
GN ReSound	Cork	Global Centre
Guehring	Waterford	Coating of Tools
Hertz	Dublin	Shared Services
Keith Prowse	Donegal	Support Centre
Marriott	Cork	European HQ
MBNA	Leitrim	Operations Centre
McKesson	Cork	Healthcare Manuals
Medtronic	Galway	Medical Devices
MICROS	Galway	Shared Services
Motorola	Cork	R&D Team
Net IQ	Galway	Operations Centre
Oakley	Westmeath	Eyewear
Quantum	Louth	IT Products
RF Integration	Cork	IC Design
RISO	Kildare	Sortware Design
Schlumberger	Cork	Shared Services
Servier	Wicklow	Pharmaceuticals
Starwood	Cork	Customer Centre
Symantec	Dublin	Internet Security
Takeda	Dublin	Pharmaceuticals
Thomson Netg	Limerick	e-Learning Products
*For full details goto IDA Website

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