Written answers

Thursday, 1 June 2017

Department of Finance

Central Bank of Ireland Staff

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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77. To ask the Minister for Finance the number of the vacancies in each functional area of the Central Bank; the percentage that vacancy rate represents of the staffing allocation for that function in tabular form; and if he will make a statement on the matter. [26436/17]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Central Bank that the Central Bank Commission has approved a staffing level of 1,801 FTEs for 2017. This is split across the three Pillars of Financial Regulation, Central Banking, and Operations (including FTEs for the Bank wide graduate programme). 

The Central Bank has provided the table below which outlines the level of actual FTEs versus approved FTEs across the three Pillars as at the end of April:

PillarFTEs at AprilApproved FTEs for 2017Variance
Financial Regulation759.3873113.7
Central Banking 336.137639.9

This represents a vacancy rate of 11% across the Bank; 13% in Financial Regulation, 11% in Central Banking and 9% in Operations. 

The Bank is actively engaged in recruitment on an on-going basis and the Governor has previously indicated that the Bank has the ability to effectively re-prioritise where it needs to. 

I am satisfied that the Bank has the necessary resources to fulfil its mandate.


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