The Department of Finance has announced that John Hogan has been appointed as head of banking policy in its financial services division.

In a statement issued by the Department it says this is a "newly created position in the restructured financial services division as set out in the Department’s Strategy Statement published on the 10th of May 2012."

Mr Hogan will complete this restructuring.

He will be responsible for developing and delivering policy in key policy areas such as credit and lending to SME’s, mortgage arrears and consumer issues.

He has held a number of positions in the Department of Finance and is currently head of credit and lending policy where he played a "key role in the completion of the Inter-Departmental Report on Mortgage Arrears (Keane Report) and the implementation of the Government’s Mortgage Arrears Strategy."