New overseer of credit unions after departures

Business Editor

Responsibility for the credit union sector has moved from the Financial Services Unit to the Shareholder Management Unit in the Department of Finance.

The move has been prompted by a series of personnel changes, said a spokesperson for the department. Ronan Hession and Pat Casey both had responsibility for credit unions at the Financial Services Division. However, Mr Hession has now moved within the Department of Finance to the Banking, Insurance and Central Bank Unit and Mr Casey has been seconded to the Oireachtas Banking Inquiry.