Fiona Tierney has been anounced as the incoming Chair of the Pensions Authority for a five-year term.
Ms. Tierney will take over from Dr David Begg who has been Chair since January 2016.
The Minister for Social Protection Dara Calleary said Ms Tierney brings wide-ranging public sector, business and governance experience to the role combined with a strong background in change management and strategy development.
"Fiona's breath of experience will prove invaluable as the Pensions Authority and the pensions sector adapts to a changing landscape driven by the continued consolidation of the market, enhanced supervision and a greater focus on coverage and adequacy in occupational pension schemes on foot of the roll-out of MyFutureFund," he said.
"I wish Fiona every success in her role. I am confident she will be able to build on the pension reforms delivered in recent years to ensure that the vision of the Authority is delivered by having a pensions system where retirement savings are secure, well-managed, cost-efficient and easily understood, and which encourages pensions savings."
The Minister also thanked outgoing Chair David Begg for his achievements during his tenure, including guiding the Authority through the changes the funding of Defined Benefit schemes post the economic crisis, to the implementation of a new supervisory approach under IORP II and the resulting significant consolidation of occupational pension schemes and the development of Master Trusts.
