The Central Bank has appointed Cyril Roux as Ireland’s new financial regulator.  Mr Roux will replace outgoing regulator Matthew Elderfield and will take up his new position on 1 October.

 

Mr Roux was previously the first deputy secretary general of the French prudential supervisory authority for banks and insurance companies (ACPR). Prior to this he worked as the deputy secretary general of the French insurance supervisory authority (ACAM). He also worked at AXA and in the French treasury.

 

Commenting on the appointment, governor of the Central Bank said: “I am pleased to welcome Cyril Roux to the Central Bank. His very extensive relevant experience and skills are particularly suited to this challenging role”.