The European Investment Bank Group has announced Diarmaid Kehoe as the new representative in Ireland and the head of the EIB Group's Dublin office.
Mr Kehoe replaces Kevin McKeon who, after his three-year term in Dublin, is returning to a strategy role at the EIB Group's headquarters in Luxembourg.
Over the past three years, the EIB Group has provided more than €3.3 billion in long-term financing, backing new businesses and supporting major projects in energy, housing, transport, water, telecom, and infrastructure in Ireland.
This investment has played a pivotal role in improving opportunities and fostering sustainable growth for communities nationwide.
Ioannis Tsakiris, Vice-President of the European Investment Bank, said the EIB Group’s broad engagement in Ireland reflects our strong and enduring partnership with Irish stakeholders.
"We are proud to deliver transformative investment across sectors, from energy and transport to education and housing, supporting the aspirations of Irish citizens and businesses. Thanks to his experience at the EIB Group, Diarmaid brings a deep understanding of strategic planning, stakeholder engagement, and operational engagement," he said.
Mr Kehoe was born and educated in Dublin. He trained as an engineer at Trinity College Dublin and moved into infrastructure finance, beginning his career in the private sector consulting before joining the National Development Finance Agency, where he worked on education, housing, and health social infrastructure projects.
At the EIB in Luxembourg, he worked with governments across Europe to unlock investment in vital sectors including security and defence, space, housing, rail, ports, roads, education, energy efficiency, EV charging, energy, and district heating.
"I am thrilled to step into this role at such an exciting time for Ireland, as we work with Irish partners to help deliver the ambitious National Development Plan. Supporting key public investment and connecting Irish stakeholders with EIB Group’s technical and financial expertise is a unique opportunity to build on Ireland’s momentum and deliver lasting benefits for communities," Mr Kehoe said.
The Dublin office serves as a vital hub, ensuring that Irish project promoters have direct access to EIB Group expertise and financing.
