Central Bank of Ireland Promotes Colm Kincaid to Deputy Governor Role

The Central Bank of Ireland has promoted Colm Kincaid, head of enforcement, to deputy governor overseeing consumer and investment protection. He will assume the role in August, bringing over two decades of experience in consumer-focused financial regulation, legal expertise, and strategic leadership. Kincaid will lead the development and execution of consumer and investor protection policies and engage with stakeholders. He previously worked with law firms A&L Goodbody and Linklaters.

The Central Bank of Ireland has announced the promotion of Colm Kincaid to the position of deputy governor, overseeing consumer and investment protection. Kincaid, who has been the head of enforcement at the Central Bank since January, will assume his new role in August. His appointment comes after the previous deputy governor, Derville Rowland, joined the executive team of the new Frankfurt-based EU Anti-Money Laundering Authority (AMLA) in May [1].

Colm Kincaid brings over two decades of experience in consumer-focused financial regulation, legal expertise, and strategic leadership to the deputy governor role. He joined the Central Bank in 2004 and previously worked with law firms A&L Goodbody in Dublin and Linklaters in London. Before becoming the director of enforcement in January, Kincaid served as the director of consumer protection for more than three years [1].

The Central Bank has three deputy governors operating under governor Gabriel Makhlouf. Kincaid's responsibilities will include leading the strategic development and execution of consumer and investor protection policies, engaging with stakeholders, and representing the bank in domestic and international forums [1].

The appointment of Kincaid follows the Central Bank's decision to disband its stand-alone consumer protection unit in January and disperse its functions among various arms of the organization. This change aimed to embed consumer oversight more closely into all supervisory areas, rather than isolating it [1].

The promotion of Kincaid underscores the Central Bank's commitment to upholding the highest standards of consumer welfare and market integrity. His background and experience make him well-suited to continue this focus as the bank navigates the complex landscape of financial regulation and consumer protection.

References:
[1] https://www.irishtimes.com/business/2025/07/22/central-bank-promotes-enforcement-head-to-deputy-governor-post/
[2] https://ppc.land/irish-privacy-group-urges-dma-action-against-amazon-consent-violations/