Michael D Higgins (Galway West, Labour)
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Question 82: To ask the Minister for Finance when he will announce the identity of the next governor of the Irish Central Bank; if he has prepared a shortlist of potential candidates; if he has approached potential candidates regarding the position; if he will appoint a candidate with a blend of theoretical and practical, market knowledge of the banking sector; and if he will make a statement on the matter. [27988/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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As I announced previously, the current Governor of the Central Bank, Mr John Hurley, was requested to continue in office for a short period past the completion of his current term, in order to ensure continuity and leadership during the disruption in financial markets. He has agreed to remain for a period of additional months to facilitate the smooth transition to the new regulatory arrangements.

It is proposed that the Government will consider of a wide pool of qualified candidates, including from abroad, to ensure that the Governor Hurley's successor will have the necessary reputation, experience, abilities and expertise to take over responsibility for leading the reform of the regulatory structures.