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) Government of Northern Ireland (1921–1972) The Executive Committee or the Executive Committee of the Privy Council of Northern Ireland was the government of Northern Ireland created under the "Government of Ireland Act 1920". Generally known as either the "Cabinet" or the "Government", the Executive Committee existed from 1922 to 1972. It exercised executive authority formally vested in the British monarch in relation to devolved matters. Under the Act as originally enacted, the Executive Committee consisted of the ministers appointed by the Lord Lieutenant of Ireland to head departments of state. Ministers so chosen did not have to be members of