European Commission President Ursula von der Leyen has announced this morning that Mairead McGuinness is to be Ireland's new European Commissioner.
The Fine Gael MEP and First-Vice President of the European Parliament will now take over the Financial Services, Financial Stability and Capital Markets Union portfolio.
Former Latvian prime minister Valdis Dombrovskis has been given the Trade portfolio, left vacant following the resignation of Phil Hogan and the Oireachtas Golf Society scandal, known as 'golfgate'.
Dombrovskis has been overseeing Trade since Hogan left.
President von der Leyen had invited the Irish Government to present suitable candidates for a replacement commissioner, requesting the nomination of a woman and a man.
The Government put forward both McGuinness and Andrew McDowell for the role. Von der Leyen, who interviewed both candidates yesterday, said both showed “great commitment to the European Union and to the function of Commissioner”.
“This experience is crucial in carrying forward the EU’s Financial Sector policy agenda, and ensuring it supports and strengthens the Commission’s key priority, notably the twin green and digital transition,” she said.
She said they were “excellent candidates” that had "significant experience of EU matters", singling out McGuinness, whose selection will now be put to the European Council and European Parliament for final approval.
Among the first to congratulate the new commissioner was Minister for Foreign Affairs Simon Coveney, who had also been linked with the post.
“Congratulations to Mairead McGuinness on becoming the new EU Commissioner with responsibility for Financial Services. She’ll do a great job,” he tweeted.
Main image by @maireadmcgmep