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Fidelity Investments expands with 300 new jobs planned

Minister for Finance Paschal O'Donohoe and Lorna Martyn, SVP and Ireland Regional Chair, Fidelity at today's jobs announcement
Minister for Finance Paschal O'Donohoe and Lorna Martyn, SVP and Ireland Regional Chair, Fidelity at today's jobs announcement

Financial services firm Fidelity Investments has started a recruitment drive to fill 300 new jobs in Ireland in both its Galway and Dublin offices.

The company has plans to hire 200 new people in Galway and 100 people in Dublin over the next two years.

It said that when complete, the new jobs will see the company's Irish footprint grow to 1,800, including a graduate pipeline as a key part to that overall growth.

Fidelity said the new jobs will mainly be in its technology team which underpins the global operations of the company.

There will also be a number of business operation roles in Dublin.

The privately owned company employs around 40,000 staff around the world and has been in Ireland since 1996.

Lorna Martyn, Ireland Regional Chair and SVP Technology at Fidelity Investments Ireland, said the company has had exceptional success in recruiting high quality candidates over the last few years.

"We have shown huge resilience over recent years and, as a company, we are firmly committed to supporting our customers. These new highly skilled positions will enhance our ability to meet our customers' changing needs into the future," Ms Martyn said.

Minister for Finance Paschal Donohoe said that since first establishing a presence in Ireland over a quarter of century ago, Fidelity Investments has become a key part of the Irish financial services sector.

"The company's commitment to Ireland is reflected in today's announcement and we look forward to seeing Fidelity enjoy continued success in both Dublin and Galway," the Minister said.

IDA Ireland CEO Martin Shanahan said the addition of 300 new jobs for Galway and Dublin is a clear commitment by Fidelity to their operations in Ireland.

"The expansion reflects positively on the strength of the fintech ecosystem here which enables companies like Fidelity to create products to serve their global customer base from Ireland," Mr Shanahan said.

"The investment also endorses IDA's long-term strategy of partnering with existing clients based in Dublin to expand into second sites in regional locations, to tap into the talent base available across the country," he added.