The decision-making power of the Financial Regulator lies generally with the members of the Authority which comprises the Chairman, Chief Executive, Consumer Director and seven other non-executive members appointed by the Minister for Finance after consultation with the Minister for Enterprise, Trade and Employment.
The current members of the Authority are as follows:
|
Name
|
Position
|
Date Appointed
|
| Jim Farrell |
Chairman
Appointed Member |
Chairman - May 2008
Appointed Member - May 2003 |
| Alan Ashe |
Appointed Member |
May 2003 |
| Gerard Danaher |
Appointed Member |
May 2003 |
| John Dunne |
Appointed Member |
May 2003 |
| Matthew Elderfield |
Chief Executive
Consumer Director
Registrar of Credit Unions |
January 2010 |
| Alan Gray |
Appointed Member |
December 2006 |
| Tony Grimes |
Appointed Member |
May 2008 |
| Deirdre Purcell |
Appointed Member |
May 2003 |
| Dermot Quigley |
Appointed Member |
May 2003 |
| Other Attendees: |
|
|
| Con Horan |
Prudential Director |
|
| Martin Moloney |
Secretary |
|
The position of Chairman, Chief Executive and Consumer Director are each appointed for a term of 5 years and they may be reappointed.
The non-executive members of the Authority are appointed by the Minister for Finance and may hold office for an indefinite period, subject to a maximum of 15 years. Two of the appointed members must retire on, or before, the fifth anniversary of the establishment of the Financial Regulator, and on, or before, every subsequent anniversary.