Irish Central Bank makes new senior appointments

The Irish Central Bank has announced two senior appointments. The Central Bank appointed Ed Sibley as Deputy Governor, Prudential Regulation and Derville Rowland as Director General, Financial Conduct.

As Deputy Governor, Prudential Regulation, Sibley will be responsible for the supervision of credit institutions, insurance firms and the asset management industry. Prior to this appointment, Sibley was Director of Credit Institutions Supervision, responsible for overseeing the Central Bank’s supervisory work for all banks and credit unions operating in Ireland. He joined the Central Bank in 2012 in the Banking Supervision area. His previous experience includes roles in the UK Financial Services Authority, Bank of Ireland and PwC.

As Director General, Financial Conduct, Rowland will be responsible for consumer protection, securities and markets supervision, and enforcement. Prior to this appointment, Rowland was Director of Enforcement, responsible for investigations and enforcement of issues across all regulated sectors. She joined the Central Bank in 2004. Her previous experience includes working as in-house counsel as well as practice as a barrister.

Announcing the appointments, Governor Philip R. Lane said “I am pleased to announce the appointment of Ed and Derville as Deputy Governor, Prudential Regulation and Director General, Financial Conduct. Both appointees bring a wealth of experience in financial regulation to these new roles and have had highly distinguished careers to date

The appointments and the restructuring of financial regulation will provide the Central Bank with strong foundations to carry out its vital financial regulatory mandate in line with our mission to safeguard stability and protect consumers.”