Central Bank needs to display 'leadership'
Take a good look at your calendar. It's not April 1, is it? No, that's a good fortnight away. So the tale of the Central Bank bringing in outside consultants to help "let go of the past" is for real. The regulator is offering courses in "emotional and mental strength", as part of its new leadership programme.
Senior management will be offered new courses in "physical intelligence for leaders" to provide them with skills to cope with an "unprecedented level of change".
Following its 'dog sleeping on the porch' role in the financial meltdown, the Central Bank's reputation will take quite some time to restore. The regulator has got a 50pc increase in staff numbers in recent years. And it will move to a new €140m headquarters in Dublin's fashionable Docklands area next year. No doubt, this will help the organisation to "let go of the past".