O’Connor named as head of agency tackling insolvency
The ISI will be put on a statutory footing once legislation for the Personal Insolvency Bill has been enacted. Mr Shatter will have responsibility for the ISI. The agency will deal with all matters to do with personal insolvency, both judicial and non-judicial, including debt settlement procedures, developing insolvency policy and legislation, and maintaining all statistics about insolvency as they happen.
Mr Shatter said, “I am delighted that Lorcan has accepted the appointment. As director he will be the key driver of the delivery of the reform and will be required to bring together all of the critical elements — legislative and organisational — so as to ensure coherence in the ultimate development of the service.
