Michael Noonan to make recommendation for new Central Bank Governor

Michael Noonan to make recommendation for new Central Bank Governor
Patrick Honohan

Minister for Finance, Michael Noonan is expected to recommend the appointment of a new Governor of the Central Bank to the Cabinet on Tuesday.

It has been widely reported that Robert Watt, who is currently the secretary general at the Department of Public Expenditure, is one of the candidates being considered.

Also said to be in the running is Philip Lane Whately, professor of political economy at Trinity College Dublin.

Mr Watt is believed to be the frontrunner to replace the outgoing Governor, Patrick Honohan.

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