Joseph Brennan (civil servant)

For other people named Joseph Brennan, see Joseph Brennan (disambiguation).

Joseph Brennan
Governor of the Central Bank of Ireland
In office
1 January 1943 – 22 October 1953
TaoiseachÉamon de Valera
Preceded byNew office
Succeeded byJames McElligott
Personal details
Born
Joseph Brennan

(1887-11-18)18 November 1887
Cork, Ireland
Died19 March 1976(1976-03-19) (aged 88)
Phibsborough, Dublin, Ireland
SpouseEvelyn Simcox (m. 1913; d. 1976)
Children3
Alma materChrist Church, Cambridge

Joseph Brennan (18 November 1887 – 19 March 1976) was an Irish economist and senior Irish civil servant who served as the Governor of the Central Bank of Ireland from 1943 to 1953.

Brennan was born in Cork in 1887, but was a native of Bandon, County Cork. In 1909, he entered Christ Church, Cambridge, where he studied Mathematics and then switched to classics. In successive years he obtained a first in Latin and Greek. In 1911, he entered the Civil Service and was assigned to the Board of Customs and Excise and a year later transferred to the finance division of the Chief Secretary's office in Dublin Castle.[citation needed]

During the July 1921 Truce, he was introduced to Michael Collins and later became a financial advisor to the team negotiating the Anglo-Irish Treaty.[citation needed]

In April 1922, he became the Irish Free State's first Comptroller and Auditor General and in April of the following year he was appointed Secretary of the Department of Finance, a post he held until his retirement from the Civil Service in 1927.[1] Later that year he was appointed chairman of the Currency Commission.[citation needed]

In 1925, his lengthy note on the Free State's financial position was helpful in concluding the Irish Boundary Commission negotiations.[2]

When the Currency Commission was dissolved in 1943, he became the first Governor of the Central Bank of Ireland. From 1928 until his retirement in 1953 his signature appeared on all Irish banknotes.[3]

In 1938, Joseph Brennan was conferred with an Honorary LLD by the National University of Ireland. He died in 1976.

  1. ^ He was appointed Secretary of the Department of Finance (1923-27), at just 36 years of age. During his stint there, according to his colleague and biographer, Leon Ó Broin, he: ‘appears to have had a free hand in setting up an Irish exchequer on the British model, in devising how the Exchequer account in the Bank of Ireland would operate and be controlled, in introducing the British system of parliamentary control over public finances via annual estimates, vote on account, and appropriation accounts, and in solidly establishing the role of the Comptroller and Auditor General.’
  2. ^ Note of 30 November 1925
  3. ^ "Resource Title: The formation of Irish economic policy 1922-58". Archived from the original on 30 August 2011.