Bruton to chair IFSC Ireland

Dublin: Former taoiseach and EU ambassador to the US John Bruton has been named chairman of IFSC Ireland, a body formed to promote Ireland as a location of choice for international financial services.

IFSC Ireland will identify opportunities to develop the sector and will act as a point of contact and advice for potential investors.

Mr Bruton said: “Ireland’s international financial services industry already supports in excess of 25,000 well-paid jobs. It is also the source of many further spin-off jobs.

“The IFSC is a global centre of excellence in key areas of banking, fund administration, and insurance. It is a success story we should be proud of.”