Elizabeth Mahon named CBI Secretary, Neil Whoriskey to Audit

The Central Bank of Ireland has appointed Elizabeth Mahon as its new Secretary and Head of Governance, effective March 30. Neil Whoriskey, the former Secretary, will now serve as Head of Internal Audit.

Seasoned Expert Steps into CBI Governance Role

Elizabeth Mahon has been appointed as Secretary of the Central Bank of Ireland and Head of Governance, with her new role commencing on March 30. She brings over two decades of experience in financial services, primarily within the banking sector.

Her career has extensively covered strategy and implementation, management consulting, organisational change, and stakeholder management.

Since 2022, Mahon has contributed to the Central Bank as Head of Strategy & Foresight.

This new dual appointment places her at the core of the Central Bank's governance framework, ensuring robust decision-making processes and adherence to the highest standards, as emphasized by Governor Gabriel Makhlouf.

Her comprehensive background is expected to significantly strengthen the institution's internal structures and strategic oversight.

Long-Serving Secretary Moves to Audit Oversight

Neil Whoriskey, who has served as Secretary of the Central Bank for the past 15 years, will transition to the role of Head of Internal Audit.

Governor Gabriel Makhlouf acknowledged Whoriskey's commitment and dedication during his long tenure as Secretary.

Whoriskey has held a variety of leadership positions across the Central Bank, including in governance, communications, strategy & planning, and European co-ordination.

This diverse experience provides him with a deep and comprehensive understanding of the Central Bank's operations and regulatory landscape.

His move to oversee internal controls and risk management ensures that critical institutional knowledge is retained and applied in a vital oversight function, contributing to the bank's operational integrity.

Strategic Internal Realignment

These appointments represent a strategic internal realignment, leveraging deep institutional knowledge for critical governance and oversight functions.

While seemingly routine, the shift of a long-serving Secretary to Internal Audit underscores a renewed focus on robust internal controls.

This move signals a proactive approach to strengthening the Central Bank's foundational operations, crucial for maintaining public trust and regulatory effectiveness.