Friday 21 July 2017

Honohan shakes up top jobs at Central Bank

CENTRAL Bank governor Patrick Honohan (right) appointed two insiders and an outsider as assistant director generals yesterday as it seeks to shake up its hierarchy.

Patrick Brady, who spent the past decade at the financial regulator after a career in the civil service, has been appointed assistant director general for policy and risk.

Another Central Bank insider, Bernard Sheridan, has been appointed assistant director general for consumer protection after a 15-year career at the bank which included stints in consumer protection and more recently as the man responsible for supervising the banks that have been bailed out by the State.

The final appointment is Eircom's Gerry Quinn who has been appointed chief information officer and head of the bank's information technology division.

The Trinity College graduate held a similar job at Eircom for several years.

The Central Bank appears set to appoint two more outsiders for the enforcement and for the markets supervision positions and will also shortly advertise vacancies at lower levels following recent transfers and restructuring.

Irish Independent

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