New DG of Ireland's central bank announced

The governor of the Central Bank of Ireland , John Hurley, Thursday 19 April announced the appointment of Tony Grimes as Director General Designate of the Central Bank and Financial Services Authority of Ireland.

He will take up his position as Director General when Liam Barron retires from the position, having reached retirement age, on 17 August 2007.

"On behalf of the Board, I am very pleased to announce this appointment", said Governor Hurley. "It follows an open competition that attracted