The former EU Commissioner Charlie McCreevy has been named a non-executive director of the Dublin based financial market trading company WorldSpreads.

WorldSpreads says Mr McCreevy will take 'an active' part in the company's growth through Europe, developing new partnerships with banks, stockbrokers and other financial third parties, in line with the company's growth strategy.

Charlie McCreevy is also a non-executive director of Sports Direct International, Ryanair and Dublin-based Bank of New York Mellon Clearing Group.

Last October an ethics committee in Brussels blocked the former commissioner's board appointment to London-based NBNK Investments.