The Central Bank announced the appointment of Gerry Cross to the role of Director, Policy and Risk. In his new role (commencing 5 May), Mr Cross will oversee the development and implementation of regulatory policy in relation to banking, insurance, funds, and securities and markets both domestically and internationally. Reporting to the Deputy Governor Financial Regulation, he will be part of the Central Bank’s senior leadership committee and contribute to ensuring ongoing high quality and effective regulation of the financial sector.

Announcing the appointment, Deputy Governor, Cyril Roux, said: “Gerry's breadth of experience in financial policy-making places him in very good stead to lead regulatory policy in the Central Bank at a time of broad based change.”