The Department of Finance secretary general Mr. John Moran has unexpectedly quit his position, just 24 months after taking command of the Department.

He was the first “outsider” ever appointed to the top job in the Department of Finance.

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In a statement Michael Noonan said he accepted Mr Moran’s resignation with “great regret.”

“Since his appointment as Secretary General he has been involved in every significant decision taken by me throughout the bail out programme, including those decisions which saw Ireland successfully exiting the programme,” Michael Noonan said..

“I valued his counsel during those very difficult times and I wish John every success in the future,” he said.