New Council Member Appointed to Ifac

18th April 2019

Following an open selection process through the Public Appointments Service, the Minister for Finance, Mr Paschal Donohoe TD, has appointed Prof. Michael McMahon, Professor of Macroeconomics, as a Member of the Irish Fiscal Advisory Council. Prof. McMahon is appointed for a term of four years, with immediate effect. He is replacing Dr Íde Kearney whose term of office ended on 11 March 2019.

Short Biography
Prof. Michael McMahon is a Macroeconomist and is currently a Professor of Macroeconomics at the University of Oxford and Tutorial Fellow of St Hugh’s College. He is a research fellow of the Centre Economic Policy Research (CEPR), Deputy Director of the Nuffield Centre for Applied Macroeconomic Policy (NUCAMP) and Director for Impact at CAGE, Warwick. He previously worked at the Bank of England where for three years he was a euro-area economist doing both analytical and forecasting work. During this time, he served as one of the UK’s two representatives on the European Commission’s Experts Group on Economic Forecasting. He has also worked for the IMF’s Institute for Capacity Development in Singapore.

Selection process
The selection process for this appointment was undertaken in accordance with the “Guidelines for appointments to State Boards” published by the Government in November 2014. The vacancy was advertised on Stateboards.ie and managed by the Public Appointments Service.