Overview
- Donohoe announced his immediate departure at Tuesday’s Cabinet meeting to take the senior World Bank post.
- The role is described by Irish media as effectively the bank’s number two, with the title managing director and chief knowledge officer.
- He will step down as a TD later this week, triggering a by-election in Dublin Central.
- He will also leave the presidency of the Eurogroup, a position he has held since 2020.
- Irish outlets report a Cabinet reshuffle is expected later Tuesday, with formal confirmations still pending.