Ireland to play long game in ECB race?

Central Bank's Lane and Donnery seen as contenders for a position on Executive Board as shake-up of top positions looms

Irish contenders for ECB jobs? Pic: Getty

As the European Central Bank heads into a two-year shake-up of its top officials, Ireland could be forgiven for insisting that its turn has come.

Ireland is the only founding member of the euro area never to have had a seat on the Executive Board, the powerful six-person body that proposes and implements monetary policy. Now, with four of those posts as well as the head of the bank supervision arm up for grabs before the end of next year,Central Bank Governor Philip Lane and Deputy Governor Sharon Donnery are potential contenders.