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Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 5 May 2021
  6. Current session: 12 May 2021 to 1 November 2024
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Displaying 686 contributions

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Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

There will be a number of options.

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

So it will be your process and then that person—

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

It was her choice to make that decision and she was able to do so.

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

Was there any inquiry from them or anybody else about the reason for the resignation, or was it simply said that the chief executive had stepped down? Obviously, that call was made four days later, although I am not sure exactly which days of the week those were.

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

Moving on a little bit, I think you said that the Scottish Government was made aware on the 31st. How was that done?

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

I am conscious of time, so I will stop there.

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

My next question might be on an area in which you are not able to comment; I am comfortable with that. You said that Eilidh Mactaggart resigned on 27 January. Was an enhanced severance package or anything like that made available?

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

Were there are any efforts by you, or instructions from the board, to see whether there was any way that the chief executive could stay on, perhaps looking at the circumstances?

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

You were comfortable that it was for personal reasons. There was nothing relating to the work or her relationships with the board, or anything like that.

Economy and Fair Work Committee

Scottish National Investment Bank

Meeting date: 16 March 2022

Jamie Halcro Johnston

According to the timeline that you gave us, the chief executive was supposed to have stepped down on the 27th, but a statement was not made until 5 March. Your argument would be that it was a personal issue, but that is quite a long time for a formal response to come. Are you aware whether the Scottish Government or any of its agencies were involved in encouraging the chief executive to come out with something, or was the bank doing so? The cabinet secretary and the First Minister have made the point that you are making now—that the resignation was for personal reasons—but that had not officially been said. There was a kind of suggestion that there was a reason behind it. Do you know why that statement was made, why it was made so late and whether there was any encouragement to make it?