Comment: Neary has to prove critics wrong in new position

The appointment of Patrick Neary as the new chief executive of the financial regulator comes as no surprise.

17th December, 2005

The appointment of Patrick Neary as the new chief executive of the financial regulator comes as no surprise. As the regulator's prudential director, Neary was in pole position to become the new boss.

His CV is sound. In the Central Bank, Neary headed up the securities and exchange supervision in 1999 and was deputy head of banking supervision. In addition, Neary has worked in groupings for the European Cental Bank, the IMF and the World Bank.

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