Pascal Donohoe, head of the Eurogroup panel of eurozone finance ministers, quit Tuesday to take up a senior job at the World Bank.

He confirmed in a statement also his resignation as Ireland's finance minister ahead of beginning his new role at the Washington-based institution on Monday.

Donohoe took the helm in 2020 at the informal Eurogroup, whose chief carries weight in Brussels policy-making.

The 51-year old was among the influential voices in Brussels, alongside EU chief Ursula von der Leyen and European Council President Antonio Costa.

Donohoe said the term as Eurogroup head allowed him "to see, first-hand, the immense value and benefit of" Ireland's membership of the European Union.

"Working with colleagues in the Eurogroup, we confronted many challenges, including the Covid pa

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