Nationalisation of Northern Rock mortgage products, but the other company, "Northern Rock (Asset Management) plc", will not. The subsidiary in Guernsey, Northern Rock (Guernsey) Limited, and all Irish accounts are owned by the new Northern Rock plc. After the split there are two boards of directors; Ron Sandler is the Chairman of the new Northern Rock plc and Richard Pym is Chairman of the Asset Management company. Gary Hoffman is Chief Executive of both companies. On 10 March 2010 Northern Rock (Asset Management) plc announced that for the year 2009 the company made a better than expected loss of £257.4 million; this was a
Executive Committee of the Palestine Liberation Organization handles the PLO’s financial issues. The EC meets in the Palestinian territories or abroad. Executive Committee members hold special areas of responsibility, such as military matters, foreign affairs, finance and social affairs, making their role similar to that of ministers in a national government. Besides other functions, the Executive Committee is involved in the nomination of candidates for the PNC, and when elections to the PNC are not feasible, the Executive Committee may appoint PNC members. Ahmad Al-Shuqeiry was the first Chairman of the PLO Executive Committee elected by the Palestinian National Council in 1964, and was succeeded in 1967