The Central Bank’s deputy governor in charge of financial regulation Sharon Donnery is to take up a senior role at the European Central Bank (ECB).

The ECB’s Governing Council has appointed her as one of its representatives to the supervisory board of ECB Banking Supervision.

The board consists of four ECB-appointed members and representatives from 21 national authorities.

Donnery joined the Central Bank of Ireland as an economist in 1996. Since then, she has worked in several senior roles across the bank.

Late 2024 start

The Central Bank's Governor Gabriel Makhlouf described the move as “a fantastic opportunity” for Donnery to build on her international experience in a senior leadership position in a European institution.

She will remain at the Central Bank of Ireland until late 2024, continuing with her current responsibilities, with a particular focus on finalising and delivering the Central Bank’s transformation of regulation and supervision.

“I am excited to be joining an institution of such calibre and standing and look forward to starting my new role at the end of the year. Until then I will focus on delivering and completing a number of my priorities in my current role,” the deputy governor stated.