The Central Bank of Ireland has appointed Anne Marie McKiernan as registrar of credit unions.

Ms McKiernan is currently head of risk in the Central Bank and will take up her new position on September 1st. .

She will be responsible for regulation and supervision of the credit union sector in Ireland and succeeds the current registrar Sharon Donnery, who was appointed director of credit institutions in March 2014.

Announcing the appointment, Ms Donnery said: “Anne Marie brings a broad range of financial system knowledge and experience to the position along with a strong risk, assurance and economics background.”

Ms McKiernan joined the Central Bank in 1994 as an economist and her roles included monetary and financial stability policy and international economic analysis. She has held a number of management positions in the bank and has been in her current role for almost four years.

She is also a member of the European Central Bank’s risk management committee, and a number of high level Central Bank committees, including the Financial Stability Committee and Executive Risk Committee.