Our Strategy
Transcript of the video "Our Strategy" | (Ensure cookies are turned "on" to load the video above)
Finalised in September 2021 and effective from January 2022, Central Bank of Ireland's new Strategy is designed to ensure we can meet the challenges of a changing world and deliver on our mission and vision.
Our Strategy will enable us to continue to fulfil the objective set out in the Central Bank Act 1942, which states that our “constant and predominant aim shall be the welfare of the people as a whole”.
Central Bank of Ireland – Our Strategy | pdf 5966 KB
Strategic Themes
Our Strategy centres around four strategic themes.
Being Future-Focused is critical to enabling us to better understand, anticipate and adapt in the context of the far-reaching changes taking place within the financial services industry. It has a particular emphasis on technological innovation, climate transition, geopolitical change, and developments arising in the context of the COVID-19 pandemic.
By being Open & Engaged, we are emphasising the critical priority for us to listen to our stakeholders, build dialogue and learn, so that we can contribute to building trust in the financial system and foster a wider understanding of our role.
Safeguarding reflects our steadfast commitment to strengthen the design, implementation and operation of our core policy and supervisory frameworks.
It is through these frameworks that we deliver on our statutory functions.
How Our Strategy Was Developed
Achieving the target outcomes of our Strategy will require us to continue to manage our resources, risks and priorities, as we navigate the complex and evolving context in which we work.
In developing our new strategy, we sought the views of our people through multiple focus groups, engagement sessions and meetings with our internal Corporate Social Responsibility and Diversity and Inclusion networks.
We also invited civil society advocacy groups and industry members to share their views on our strategic priorities at a series of listening events in 2021. And we engaged with external stakeholders through a public engagement process on our website.
We have published a report containing the submissions we received as part of this process.
Our Strategy – Public Engagement – Submissions Received | pdf 2948 KB
Previous Strategic Plans
See also: