Dáil Éireann Debate, Tuesday - 4 December 2012
161. Deputy Aodhán Ó Ríordáin asked the Minister for Finance if he will ensure that the nominee for the position of credit union regulator has credit union as well as banking experience; that he or she understands the ethos of the credit union movement and is comfortable with the concept of volunteerism; and if he will make a statement on the matter. [54094/12]
View answerMs. Sharon Donnery was appointed as the Registrar of Credit Unions on 23 November 2012 and will take up her new position on 1 February 2013. Ms. Donnery joined the Central Bank in 1996 as an economist and has held a number of management positions in the Central Bank. She has been in her current role as Head of Division within the Central Bank’s Consumer Protection Directorate for almost three years where she has gained significant experience in dealing with consumer and regulatory issues and mortgage arrears. Ms. Donnery has chaired the European Banking Authority’s Sub-Group on Consumer Protection since its establishment in early 2011. She is also the vice-chair of the EBA’s Standing Committee on Consumer Protection and Financial Innovation. Ms Donnery will bring a range of regulatory knowledge and experience to the position and her strong consumer protection background will be fundamental to this important role.
