Government nominates Gabriel Makhlouf for re-appointment as Governor of the Central Bank of Ireland

His second term will commence on September 1.

Cork City, Cork, Ireland. 28th January, 2024. Central Bank governor Gabriel Makhlouf at the River Lee Hotel, Cork. - Picture: David Creedon

Minister for Finance Simon Harris said the Government has agreed to nominate Gabriel Makhlouf for re-appointment by the President as Governor of the Central Bank of Ireland.

Makhlouf took up his position as Governor in September 2019. As Governor, he is a member of the Governing Council of the European Central Bank, charged with setting interest rate policy.

"Mr Makhlouf is eminently qualified to perform the role of Governor of the Central Bank and the Government was pleased to support his nomination for reappointment," Mr Harris said.

"During his first term, Mr Makhlouf introduced reforms and enhancements that have strengthened the Central Bank and will continue to positively impact its performance.” 

Mr Makhlouf’s second term will commence on September 1.