Financial Services Ireland (FSI), the Ibec group that represents financial services companies in Ireland, has appointed Irish Life chief executive Declan Bolger as its new chair.
Declan Bolger has been a member of the FSI board since 2019 and was appointed vice-chair in 2023, working closely with outgoing chair Joe Heneghan, a partner and CEO of Revolut Europe.
Before his current role with Irish Life, Declan was CEO of Canada Life Europe, a Dublin-based company providing life insurance and pension products to over 600,000 German customers.
He is a fellow of the Society of Actuaries in Ireland and a council member of the German-Irish Chamber of Industry and Commerce.
Outgoing chair Joe Heneghan will remain on the FSI board and continue to work with Declan and the rest of the team in support of FSI members.
Declan Bolger said that Ireland is a leading global financial services centre and there are substantial opportunities for the sector to deliver more growth and jobs for the country, building on the more than 103,100 people that already work in financial services across Ireland.
"I would like to pay tribute to my predecessor Joe Heneghan who has been instrumental in shaping the policy landscape around fintech and the digital transformation of financial services," he said.
"We look forward to building on the positive momentum in this area in ways that help to increase innovation in the sector, enhance the skills of our talented workforce and make Ireland a more attractive destination for inward investment from the global financial services industry," he added