Derville Rowland appointed to executive board of new EU Authority for Anti-Money Laundering

The Central Bank of Ireland today (23 May 2025) has confirmed that Derville Rowland, Deputy Governor Consumer and Investor Protection, will join the newly established Anti-Money Laundering Authority (AMLA)

Governor Makhlouf said: “I am delighted that Derville has been appointed to the Executive Board of AMLA.  AMLA’s mission is critical to the integrity of the EU’s financial system and its citizens, and it is imperative that it delivers. As a component part of AMLA, the Central Bank will contribute fully to these objectives, in line with our work across the European system.  Derville’s appointment to this role is a testament not only to the high regard in which she is held but also to the strong track record of the Central Bank at a European level. I want to thank Derville for her significant contribution to the Central Bank’s public service mission over the last 20 years.  On behalf of the Central Bank Commission and staff, I would like to wish her every success.”

Deputy Governor Derville Rowland said: “I am proud to have been appointed as an Executive Board member of AMLA and acutely conscious of the urgency of AMLA’s task to make our financial system cleaner, our economy more resilient, and our people safer. For our financial system to be trustworthy, it will need a collective and unyielding European response, to ensure that money laundering and terrorist financing are systematically combatted. I look forward to helping to lead that work. It has been a privilege to work for the Central Bank and with colleagues dedicated to delivering on our mandate in the public good.”

The recruitment process to fill the role of Deputy Governor Consumer and Investor Protection is ongoing.  In the interim, Deputy Governor for Financial Regulation, Mary-Elizabeth McMunn, will assume the Consumer and Investor Protection responsibilities.

Governor Makhlouf said: “The Deputy Governor for Consumer and Investor Protection supports the Central Bank in playing a significant role, alongside other public institutions, in the strengthening of the consumer and investor protection framework here in Ireland – to ensure our system and protections are in line with the highest global standards. This is a senior leadership role in the Central Bank and underscores the Central Bank’s commitment to delivering strong outcomes for consumers and investors.”

ENDS

Notes to the Editor

• The Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) is a new EU agency that will transform the anti-money laundering and countering the financing of terrorism (AML/CFT) supervision in the EU and enhance cooperation among financial intelligence units (FIUs).

   

• Derville Rowland joined the Central Bank 21 years ago and has held a number of senior roles in the organisation.  This included as the Director of Enforcement and Anti-Money Laundering, the Director-General of Financial Conduct and most recently as the Deputy Governor (Consumer and Investor Protection). 

   

• Prior to joining the Central Bank, Derville practiced as a barrister in the UK, where she completed a Bachelor of Law Degree and barrister's training (Inns of Court School of Law) in London. Subsequently she obtained a Barrister-at-Law degree from Kings Inns in Dublin and a Diploma in Applied Finance Law.