NAMA chief says he may take further pay cut
NAMA boss Brendan McDonagh has said he may take a further pay cut following calls from Public Sector Reform Minister Brendan Howlin to have reductions across the public sector.
While the chief executive recently took a 30pc pay cut - he will “consider” a further drop, he said.
Minister Howlin capped public sector employee salaries at €200,000 earlier this week.
Mr McDonagh said it is important that people in leadership “do the right thing.”
“That is a matter that would be under consideration for everybody as an individual,” he added.
“I will certainly think about that when I have a discussion with the Minister,” he said.