PATRICKSWELL native John Moran, recognised as the most powerful civil servants in the country, is to resign his position as secretary general at the Department of Finance.
He was regarded as one of the closest confidants of the Minister for Finance Michael Noonan who paid tribute to Mr Moran this Wednesday afternoon.
“Since John first joined the Department of Finance on secondment from the Central Bank he played a leading role in recapitalising the banking sector and restoring the economy at a very difficult time,” Mr Noonan said in a statement on Wednesday.
Mr Noonan also said that since his appointment as Secretary General, Mr Moran had been involved in every significant decision taken by him throughout the bailout programme.
“I valued his counsel during those very difficult times and I wish John every success in the future,” he added.
As the department’s head of banking, Mr Moran has been involved in recapitalising Ireland’s hobbled financial institutions, the takeover of the EBS by AIB and the merger of Anglo Irish Bank with Irish Nationwide.
In the private sector, Mr Moran worked as a lawyer with GPA in Shannon and McCann Fitzgerald in New York and also had roles in high finance with Zurich Capital Markets in Dublin.