Elderfield to step down from Central Bank role

Central Bank deputy governor Matthew Elderfield will leave the post in October to pursue other interests in the UK.

Mr Elderfield has declined to comment on his next step. However, part of the Central Bank statement says he will “step away with immediate effect from involvement in supervisory and other issues if and where a conflict could be perceived”.

This has prompted speculation that Mr Elderfield has taken up a position at a UK financial institution with a presence in Ireland.