FORMER AIB group internal auditor Tony Spollen will be appointed to the board of EBS building society and former Revenue Commissioners chairman Frank Daly will become a board member of Anglo Irish Bank, both representing the taxpayer under the State bank guarantee scheme.

Mr Spollen and Mr Daly are among a panel of 12 individuals from which the four guaranteed Irish banks and two building societies must appoint two board members to "promote the public interest" under the terms of the €440 billion guarantee scheme.

Former Labour leader Dick Spring and former Department of Finance secretary general Tom Considine will be appointed to the board of AIB. Dublin Airport Authority chief executive Declan Collier and former Fianna Fáil Minister for Agriculture Joe Walsh will join the court (board) of directors at Bank of Ireland.

Former Fianna Fáil finance minister Ray MacSharry and Margaret Hayes, a former secretary general at the Department of Tourism, will join the board of Irish Life Permanent.

Former Fine Gael leader and one-time finance minister Alan Dukes will join Mr Daly on the board of Anglo. Mr Spollen will be joined on the board of EBS by Ann Riordan, former country manager at Microsoft Ireland.

Rory O'Ferrall, a former senior accountant with Deloitte, and Adrian Kearns, the outgoing chief executive of the National Development Finance Agency, will be appointed from the Minister's panel as non-executive directors of Irish Nationwide Building Society.

The institutions' boards must approve the appointments before they can be officially announced.

Where directors are headed

AIB- Dick Spring and Tom Considine;

BoI- Declan Collier and Joe Walsh;

ILP- Ray MacSharry and Margaret Hayes;

Anglo- Alan Dukes and Frank Daly;

INBS- Rory O'Ferrall and Adrian Kearns;

EBS- Tony Spollen and Ann Riordan.