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European Bank for Reconstruction and Development

Dáil Éireann Debate, Friday - 7 September 2018

Friday, 7 September 2018

Questions (167)

Michael McGrath

Question:

167. Deputy Michael McGrath asked the Minister for Finance the status of the appointment of Ireland's directorship of the European Bank for Reconstruction and Development. [36647/18]

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Written answers

Currently Ireland’s Director of the EBRD is a senior Department of Finance Official who is holding the post on a temporary basis in advance of the completion of the process to appoint a new Director.  Ireland's nominee for Director of the European Bank of Reconstruction and Development (EBRD) has been selected through an open competitive process.  An advertisement inviting expressions of interest from suitably qualified candidates was placed on the Department of Finance website on 27 March 2018. Following a shortlisting exercise and competitive interview conducted by a four-person Selection Committee, one candidate was recommended for the post of Ireland’s Director of the EBRD. Cabinet approval for the nomination of this individual was secured in July.

The process of formally notifying EBRD management and our EBRD constituency partners (Denmark, Lithuania and Kosovo) of Ireland’s nominee is under way. Subject to agreement from our constituency partners I expect that the successful candidate will be in post within the next few months.

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