Written answers
Tuesday, 12 February 2019
Department of Finance
Central Bank of Ireland Staff
Pearse Doherty (Donegal, Sinn Fein)
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153. To ask the Minister for Finance the way in which the selection process for the role of Governor of the Central Bank is carried out; the salary for the role; and if he will make a statement on the matter. [6329/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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Governor Lane was appointed following a process organised by my Department which involved a public call for expressions of interest in tandem with the hiring of a specialist international executive search firm (Merc Partners).
Any future selection process for the role of Governor of the Central Bank will also be rigorous and comprehensive.
The remuneration, allowances and conditions of the Governor of the Central Bank are determined by the Central Bank Commission, as per Section 19(1) of the Central Bank Act 1942 (as amended).
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