Mary-Elizabeth McMunn was appointed Deputy Governor Financial Regulation on 1 January 2025. She is an ex-officio Member of the Central Bank Commission and is a member of the Supervisory Board of the European Central Bank (ECB) and the General Board of the European Systemic Risk Board.
As Deputy Governor, Financial Regulation, Mary-Elizabeth is responsible for leading the regulation and supervision of credit institutions, credit unions and payments/electronic money institutions and the insurance sector. She is also responsible for overseeing the Central Bank’s supervisory risk, framework, analytics and data functions and is responsible for leading the Central Bank’s regulatory policy at national, European and global level. She chairs the Central Bank’s Supervisory Risk Committee.
Prior to her appointment as Deputy Governor, Mary-Elizabeth was Director of Banking, Payments and Credit Union Supervision since 2018. She was responsible for the supervision and authorisation of banks, payment institutions and e-money institutions, and for the Registry of Credit Unions. Mary-Elizabeth joined the Central Bank in 1997 and has held senior roles in supervisory risk, banking supervision and insurance supervision, as well as having worked for a period in consulting.
Mary-Elizabeth holds an MSc in Investment & Treasury from Dublin City University, a BA in Economics from University College Dublin, a Diploma in Company Direction from the Institute of Directors and is a graduate of the Smurfit Business School.