Irish central bank voices concern over firms’ senior executives

Sharp rise in number of candidates rejected for senior roles on “fitness and probity” grounds

The Central Bank of Ireland
The Central Bank of Ireland
William Murphy

The Central Bank of Ireland said there was a big increase in the number of candidates who withdrew from senior financial roles after it challenged their suitability.

The central bank said in its latest annual report that 18 people withdrew from consideration for senior roles with Irish-based financial firms in 2018. That is a significant increase from six withdrawals in 2017 and five in 2016.

The Central Bank of Ireland has powers to make mandatory “fitness and probity” assessments of

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