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
Government of Northern Ireland (1921–1972) the Parliament of Northern Ireland but were required to become members within six months. The "Irish Free State (Consequential Provisions) Act", which came into force at the end of 1922, replaced the Lord Lieutenant with a new Crown representative, the Governor of Northern Ireland. As in many Westminster-style systems, the "Government of Ireland Act 1920" did not explicitly provide for such an office, but in practice the Executive Committee was headed by a Prime Minister of Northern Ireland. In theory the Executive Committee was not answerable to the House of Commons but held their positions "during the pleasure of the