Statement: Central Bank announces Director appointment in Securities and Markets Supervision

The Central Bank today (08 December 2021) announces the appointment of Patricia Dunne as the new Director of Securities and Markets Supervision. The appointment will take effect from 13 December 2021.

Announcing the appointment, Governor Gabriel Makhlouf said: “I am very pleased to announce Patricia Dunne as the Central Bank’s new Director of Securities and Markets Supervision. Patricia brings a wealth of securities markets expertise and leadership experience to the role. She has first-rate knowledge of the international regulatory landscape and will be to the forefront of our strategic work in using data and analytics to enhance our supervisory effectiveness.”

Patricia has more than three decades of regulatory, supervisory and policy expertise in the asset management, investment funds and banking sectors which she has used to positively influence the leadership and strategic direction of financial regulation and the wider Bank. Prior to her appointment as Director, she was Head of Markets Supervision, responsible for the supervision and surveillance of financial markets, including the development of integrated data analytics and risk analysis supervision. She has enhanced the Central Bank’s effectiveness in the area of European and international policy development and contributed to the formulation of European regulatory policy and legislation on asset management and investment funds, representing the Central Bank on the Investment Management Standing Committee of the European Securities and Markets Authority (ESMA) and chairing several ESMA working groups.

Patricia replaces Colm Kincaid, who was appointed Director of Consumer Protection in October 2021.