Saturday 18 August 2018

Cassidy is new Central Bank head of economics

Mark Cassidy, new director of economics and statistics.
Mark Cassidy, new director of economics and statistics.

Gretchen Friemann

The Central Bank has appointed Mark Cassidy as its new director of economics and statistics.

Mr Cassidy joined the Central Bank in 2000. He holds a Phd from Trinity College Dublin, and at the Central Bank has held roles including as head of monetary policy and international relations and, most recently, head of financial stability.

He'll take up the post from January 1. "Mark has nearly 20 years' experience in central banking and academia, and will bring his extensive expertise in monetary policy, Irish and international economic policy issues and indeed financial stability to the role," said Central Bank Governor Philip Lane. "I look forward to working with Mark in this new leadership position."

The director of economics and statistics is responsible for the Monetary Policy Division, the Irish Economic Analysis Division and the Statistics Division at the Central Bank and is a member of its senior leadership team.

As well as his role in Dublin, Dr Cassidy has represented the Central Bank on a range of Eurosystem and international committees.

These include the ECB's Financial Stability Committee, the Monetary Policy Committee, the International Relations Committee, Banking Supervision Committee and Working Group on Forecasting.

He is also the chairman of the Central Bank's Brexit Taskforce.

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