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O'Rourke appointed as IDA Ireland chairperson

Feargal O'Rourke is the new IDA Ireland chairperson
Feargal O'Rourke is the new IDA Ireland chairperson

Feargal O'Rourke as been appointed the new Chairperson of IDA Ireland, succeeding Frank Ryan who served for 10 years in the role.

Mr O'Rourke recently stepped down as Managing Partner of PwC.

The Minister for Enterprise, Trade and Employment, Simon Coveney also today said he would appoint Marian Corcoran, an existing Board Member, as Deputy Chair of the IDA.

He also announced Dr Leisha Daly and Dr Denis Doyle as Board members of IDA Ireland.

The Chairperson and new Board members were appointed following open, publicly advertised competitions which were managed independently by the Public Appointments Service.

Feargal O'Rourke retired from PwC last October after 37 years there, the last eight of which he was Managing Partner. During his time in PwC, he led the tax practice and was heavily involved in the OECD BEPS process with companies, officials, governmental bodies and the OECD.

From Athlone, Mr O'Rourke is a graduate of UCD, a Fellow of Chartered Accountants Ireland and an Associate of the Irish Tax Institute. He is also Chair of the Institute of International and European Affairs, the Irish based international think tank.

Minister Coveney said today that Feargal, Marian, Leisha and Denis are bringing a wealth of expertise across a range of industries, which he has no doubt will be of great support to the existing IDA Board members.

"The IDA is an integral part of Ireland's economic success and to the Government’s ambitions to grow a sustainable and regionally balanced economy," the Minister said.

"With over 300,000 people directly employed in IDA-client companies, and a further 240,000 indirectly employed, it's vital that that organisation remains dynamic in what is a very competitive global market," he added.