Ireland names new chief regulator

matthew-elderfield

Matthew Elderfield, the chief executive of the Bermuda Monetary Authority, was on Monday named the new head of financial supervision at the Central Bank of Ireland.

Elderfield, who has held the top job at the Bermudan central bank since July 2007, was previously at the British Financial Services Authority (FSA). He is a British citizen.

Restoring faith in the authorities' ability to rein in the excesses of the Irish finance industry is one of the key tasks for the central bank in the years ahead

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