Ireland names candidate for ECB position
Tutty, 58, is currently Vice President of the European Investment Bank (EIB) and former second secretary general in the Department of Finance.
A position with the ECB will become vacant in the coming months when the term of Eugenio Domingo Solans expires.
While working in the Department of Finance, Tutty was responsible for budget and economic matters.
Mr McCreevy said that while it is likely that other EU member states would also wish to make nominations, he believes that Mr Tutty represents an excellent candidate who more than fulfils the requirements for appointment to the Executive Board of the European Central Bank.
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