Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

One of the Central Bank's deputy governors, Sharon Donnery, has applied for the role of chair of the Single Supervisory Mechanism board. We were in Frankfurt recently as a committee and met the current chair. We wish the deputy governor all the best in that application. The Governor has confirmed publicly that he is interested in the chief economist position in the ECB, which will become available next year. From the point of view of corporate memory and top jobs within our own Central Bank, there is the possibility of two of the top three people moving on within a period of months. We may not get both, looking at it from an Ireland Inc. point of view, but has the Governor any comments or observations to make about the need for continuity, retention of experience and knowledge and so on?