Ireland says its central bank governor Lane is candidate for ECB job

Governor of the Central Bank of Ireland Philip Lane arrives at Government buildings in Dublin, Ireland, November 8, 2018. REUTERS/Clodagh Kilcoyne - Copyright CLODAGH KILCOYNE(Reuters)

By Reuters

Published on 21/01/2019 - 17:34•Updated 25/04/2024 - 13:39

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BRUSSELS (Reuters) - Ireland's central bank governor Philip Lane is a candidate to replace European Central Bank's chief economist Peter Praet when Praet's term ends at the end of May, Ireland's finance minister Paschal Donohoe told reporters on Monday.

"I'm pleased to confirm that I will be nominating Philip Lane for the approaching vacancy in the executive board of the European Central Bank," he said on entering a meeting of euro zone finance ministers where the process of seeking Praet's replacement will be launched.