Intel has announced the appointment of Dermot Hargaden as vice president and general manager for the Europe, Middle East, and Africa (EMEA) region.

Mr Hargaden will also be the global go-to-market leader for Intel's automotive business and will represent the Europe region as its president.

He has served as the interim regional leader for EMEA since Frans Scheper departed Intel earlier this year and will now take on the position permanently.

Mr Hargaden joined Intel in 2015 via the company’s acquisition of Altera.

He is based in Co Cork and originally hails from Leixlip, Co Kildare.

"I’m delighted to step into this role at such an exciting time for Intel’s growth in EMEA," Mr Hargaden said.

"We remain committed to our planned investments in Europe, and to contribute to the region’s resilience in semiconductor manufacturing and advance Europe’s digital future," he added.

Intel is in the middle of a €12 billion investment as it continues the construction of its "Fab 34" plant in Leixlip.

When it is completed, Intel will employ about 6,500 people in Ireland.

Earlier this year, the company warned of slowing growth.

In January, Intel Ireland said that 30 staff were facing compulsory redundancy.

Cost-cutting measures at the Irish operation also saw senior staff being hit with pay cuts and saw offers of unpaid leave being made to employees.