Saturday 26 May 2018

Sharon Donnery named Central Bank's new Deputy Governor

Sharon Donnery. Picture: Jason Clarke Photography
Sharon Donnery. Picture: Jason Clarke Photography
Colm Kelpie

Colm Kelpie

Sharon Donnery has been named as the new Deputy Governor at the Central Bank.

Ms Donnery, currently the director of Credit Institutions, will be one of two deputy governors at the regulator alongside Cyril Roux.

She will be the first female deputy governor in the Bank’s history, and will take up her new post at the beginning of March.

She replaces Stefan Gerlach who left in December.

Ms Donnery will be responsible for central banking functions, including economics, financial operations and resolution and corporate affairs.

Governor Philip Lane said Ms Donnery’s breadth of experience at the Bank in regulation and central banking, combined with her European experience, “will serve her well as Deputy Governor”

Ms Donnery joined the Central Bank in 1996 and had been director of credit institutions since March 2014.

She is the Bank's alternate member of the Supervisory Board of the Single Supervisory Mechanism (SSM) and also is the Chair of the ECB SSM High Level Group on Non-performing Loans (NPLs). From February 2013 to August 2014, she held the statutory position of Registrar of Credit Unions.  She has held a range of senior positions at the Central Bank including Head of Consumer Information and Head of Consumer Protection.

Ms Donnery holds a BA in Economics and Politics and an MA in Economics from University College Dublin.

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