Governor Makhlouf and Derville Rowland visit Waterford

Gabriel Makhlouf and Derville Rowland at WIT

Gabriel Makhlouf, Governor of the Central Bank of Ireland and Derville Rowland, Director General, Financial Conduct, visited Waterford Institute of Technology (WIT) on Wednesday, 20 November, as part of an extended outreach programme.

Governor Makhlouf delivered his first major speech since taking up his position at the Central Bank to a packed audience of students, members of the local Chamber of Commerce and invited media.

Gabriel Makhlouf keynote address

Titled: “Economic resilience needed to meet transitions ahead” Governor Makhlouf set out the key challenges, risks and transitions Ireland faces and highlighted the vulnerability of the Irish economy, particularly in the context of Brexit and the risk of escalating trade wars.

Following his address Governor Makhlouf and Director General Rowland took the opportunity to meet with WIT students and lecturers as well as members from the Chambers of Commerce for informal discussions and questions.

Gabriel Mahklouf and Derville RowlandGovernor Makhlouf then visited local business entrepreneurs, part of Arc Labs, an innovation centre based in WIT while Derville Rowland met with PhD and Masters students for lively discussions where she was quizzed on a broad range of national and international topics.

Derville Rowland talking with students in WIT

While in Waterford, Governor Makhlouf and Director General Rowland also took time to visit students in local schools, St. Paul’s Community College, De LaSalle College and St. Angela’s Secondary School where they received a warm welcome.

The students, who were all in 5th and 6th year business or economics classes were interested to hear about the work of the Central Bank and career opportunities.

It was also a chance to speak with the next generation of economists and learn more about topics of interest to them.

Meeting local secondary school students