It was announced this morning.
Mairead McGuinness has been selected as Ireland's new EU Commissioner.
The MEP for Ireland North West will take over the Financial Services portfolio, in a shake-up of commissioner duties.
She replaces Phil Hogan, following his resignation after golf gate last month.
Commission President Ursula von der Leyen made the announcement after interviewing both of the government's candidates, Mairead McGuinness and Andrew McDowell.
''Following these interviews I have decided to propose to the parliament and the European Council the appointment of Mrs McGuiness to the post of commissioner'', she said.
''She will be in charge of financial services, financial stability and capital markets union''.
