While Ireland’s National Consumer Agency is set to merger with the Competition Authority later this year, the NCA has hired its new leader in a five-year contract. Former Central Banker Karen O’Leary has been appointed to head the NCA, though her salary will be less than her predecessor Ann Fitzgerald as the competition authority will no longer be solidary. O’Leary signed a contract to make about $177,500 a year, about $52,000 less than Fitzgerald. The new body, a result of the Consumer and Competition Bill, will have six “members” to head the agency; O’Leary will be one of those members. Before the NCA, O’Leary was part of a project to advance consumer information and education function in the Central Bank.
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