ESB Networks DAC was incorporated on 8th December 2008 as a wholly owned subsidiary company of ESB. ESB Networks DAC was vested as Distribution System Operator on 1st January 2009 in accordance with the European Communities Regulations 2008 (S.I. 280 of 2008). It is responsible for the operation, maintenance, and development of the electricity distribution system in the State.
ESB Networks DAC has its own board which currently consists of 5 members. The Articles of Association of ESB Networks DAC specify that at least two of the directors shall not be employees, contractors or consultants of ESB or its subsidiary companies and shall be independent of the interests of ESB. Ms Caroline Spillane, Mr Ian Talbot and Mr Michael Nolan were appointed as independent directors pursuant to this requirement
Ian Talbot was appointed to the ESB Networks DAC Board as an independent director in May 2019.
Ian is chief executive of Chambers Ireland and secretary general of the International Chamber of Commerce (ICC) Ireland. Prior to those appointments Ian held positions as a director of Citigroup and JP Morgan Chase in Ireland for 18 years.
He qualified as a chartered accountant with Price Waterhouse, working in their Dublin and Luxembourg offices, and holds MA and BBS degrees from Trinity College, Dublin.
He is deputy president of Eurochambres, a member of the National Economic and Social Council, and a director of Skillnet Ireland.