Minister to recruit new Central Bank governor
Secretary general of Department of Public Expenditure is favourite to win race
The appointment of Prof Honohan, an academic economist, was a break from tradition. Photograph: Cyril Byrne
Speculation is mounting in economic circles about the line-up of candidates to succeed Prof Patrick Honohan as governor of the Central Bank.
Minister for Finance Michael Noonan initiated a recruitment process last week, inviting expressions of interest in the post and hiring consultants to carry out an international search.