Department’s Financial Panel

Following an open procurement procedure (pursuant to relevant EU legislation) which was conducted in 2014, the Department of Finance appointed panels of financial advisers to advise it on financial matters such as the future disposal of the State’s banking sector investments and other ad hoc assignments that may arise from time to time.

The appointment of panels of financial advisors can be regarded as prudent planning to ensure that the State is in a position to receive necessary advice in a timely and cost efficient manner.

Three advisory panels have been constituted for the provision of the following services:

  • Panel 1 – Capital markets, strategic, M&A and restructuring advice
  • Panel 2 – General financial advice
  • Panel 3 – Capital markets distribution services

The advisory panels were originally appointed for a period of three years. In September 2017, the Department exercised its right to extend the appointment period of the panels for a further 12 month period which will expire in September/October 2018. Details of the members of each of the advisory panels are set out below.

1 - Capital Markets, Strategic, M&A and Restructuring Advice 2 - General Financial Advice3 - Capital Markets Distribution services
Bank of America Merrill LynchAlvarez & MarsalBank of America Merrill Lynch
BarclaysAon HewittBarclays
CitiBlackRock SolutionCiti
Credit SuisseBoston Consulting GroupCredit Suisse
Duetsche BankCitiDeutche Bank
Goldman SachsErnst & YoungGoldman Sachs
JP MorganGoldman SachsGoodbody
NomuraGrant ThorntonJ&E Davy
RothschildIBIJP Morgan
Oliver Wyman