Nationalisation of Northern Rock in the event that the takeover bids fail. On 12 January 2008, the Treasury recruited Ron Sandler, the former Lloyd's of London Chief Executive, to lead Northern Rock, in the event that the bank was nationalised. If the Bank was to be temporarily nationalised, the government would manage the Bank at "arm's length" on a commercial basis, where services for savers and borrowers would not be affected and the company would continue to operate as normal. However nationalisation would also address the future of the Northern Rock Foundation. Alistair Darling rejected the possibility of the Bank being put into administration.
Chief executive (Irish local government) the chief executive may appoint a Deputy chief executive to act on their behalf while they are on leave or absent. In situations where the post of chief executive becomes vacant, the Minister for the Environment, Community and Local Government must appoint someone temporarily. This temporary appointment will continue until a permanent appointment is made. It may however, be terminated at any time. Chief executive (Irish local government) In local government in the Republic of Ireland, the chief executive of a city or county is the senior permanent official of its local authority. Whereas the county council and city council