Patrick Casey has been appointed Registrar of Credit Unions in the Central Bank of Ireland. Casey is currently Head of Resolution in the Central Bank. He will be responsible for the regulation and supervision of the credit union sector in Ireland and succeeds the previous Registrar Anne Marie McKiernan who has recently become Ireland’s representative at the International Monetary Fund.
Announcing the appointment, Deputy Governor, Prudential Regulation Ed Sibley said: ‘I am delighted to announce the appointment of Patrick Casey as Registrar of Credit Unions. Patrick brings a broad range of financial knowledge and experience to the position, an excellent understanding of the sector, along with a strong restructuring and M&A background from the private sector.’
Prior to joining the Central Bank, Patrick held of number of roles in investment banking in London with Citibank and HSBC, and latterly as a Director in AIB Corporate Finance in Dublin. He trained as a solicitor with London firm Simmons & Simmons.
Since joining in 2012, Casey has led the establishment of the national resolution authority within the Central Bank under the EU Bank Recovery & Resolution Directive. He has played a key role in seeking to advance Irish bank and investment firm Resolvability, and has led the successful resolution of a number of credit unions. Casey has represented the Central Bank at the Single Resolution Board Plenary Session and the European Banking Authority’s Resolution Committee since 2015. He is a member of a number of senior level Central Bank committees, including the Financial Stability Committee.