A COUNTY Limerick man is now the most powerful civil servant in the country after the Government announced the appointment of John Moran as secretary general at the Department of Finance.
The Patrickswell native only joined the Department a year ago but is regarded as a close confidant of the Minister for Finance Michael Noonan and beat over 20 candidates to the post.
After a long career in the private sector in law and finance, Mr Moran joined the Central Bank in July 2010 and the Department of Finance last year.
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.
He also led negotiations in the sale of Bank of Ireland shares to private investors for €1.7 billion.
In the private sector, Mr Moran worked as a lawyer with GPA in Shannon and McCann Fitzgerald in New York but has also had roles in high finance with Zurich Capital Markets at the IFSC in Dublin.
Mr Moran will be paid €200,000 in line with the public service pay cap.