People: Central Bank of Ireland gets new top supervisor; MAS reshuffles management team
Philippine governor Amando Tetangco is new chair of BIS Asian consultative council
The Central Bank of Ireland has appointed Sharon Donnery as director of credit institutions. Donnery joined the Irish central bank as an economist in 1996. She was head of consumer information and subsequently head of consumer protection prior to her appointment as registrar of credit unions, a role she will hold in parallel with her new job until a replacement has been appointed.
Central Bank of Ireland deputy governor Cyril Roux said Donnery was taking up the role at "a particularly important time with the establishment of the Single Supervisory Mechanism (SSM)".
The Monetary Authority of Singapore (MAS) has announced several changes to its senior management team, which will take effect on April 1:
- Foo-Yap Siew Hong, currently assistant managing director for special projects in the managing director's office, will retire on March 31. MAS managing director Ravi Menon commended her for helping to lay the foundation for MAS's early approach to banking supervision and formulating the bank's tools and techniques for risk-based supervision, as well as "groom[ing] a generation of MAS bank supervisors".
- Lee Chuan Teck, currently assistant managing director for capital markets will be seconded to the Ministry of Transport as deputy secretary (land and corporate). Lee will be succeeded by Lee Boon Ngiap, who will relinquish his current position as assistant managing director for banking and insurance.
- Chua Kim Leng, currently executive director of banking department, will take over as assistant managing director for banking and insurance.
The Bank for International Settlements has appointed Amando Tetangco, the governor of the Central Bank of the Philippines, as chair of the BIS Asian Consultative Council (ACC). Tetangco will take on the position on April 1 and serve for a two-year term. He succeeds Choongsoo Kim, outgoing governor of the Bank of Korea, who has chaired the council since October 2012.
The ACC comprises the governors of the BIS member central banks in the Asia-Pacific region.
National Bank of Denmark: Inger Støjberg, a Danish member of parliament for the Venstre party and a former minister of employment, has been elected to the National Bank of Denmark's board of directors. Støjberg, 41, succeeds MP Ellen Trane Nørby and will serve on the 25-strong board until 2016.
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