Hugh Cooney has been appointed the new Chairperson of Enterprise Ireland, amid 'significant global challenges', Tánaiste and Minister for Enterprise Mary Coughlan has announced.

The Tánaiste said: "I am delighted to welcome Hugh as Chairperson and wish him every success in his new role.

"He takes up this position at a time when we are facing significant challenges in the global economic environment. I have every confidence that Hugh's valuable experience and knowledge will contribute greatly to the further growth and internationalisation of Irish enterprise."

-- Advertisement --

Mr Cooney is Head of Corporate Finance in BDO Simpson Xavier.

He has experience in sale of businesses, acquisitions, equity and debt fundraising and the provision of strategic advice to companies.

He also currently serves as Chairperson of the Trustees of Arnotts Pension Fund, Chairperson of Siteserv plc and is a non executive Director of Origin Enterprises plc.

The Tánaiste paid tribute to Pat Molloy, the outgoing Chairperson of Enterprise Ireland. She thanked him for his tireless efforts and unstinting dedication on behalf of Enterprise Ireland and its client companies over the last ten years.

(PR/JM)