Irish financial services firm Centralis to double its staff in five years

Their new office signifies an investment of around €15m and forms part of the company’s goal of tripling its revenues and profits by 2030

The new roles will be available across all levels of the company’s organisation, including debt capital markets, fund services, treasury and corporate services.

Financial services firm Centralis has said that it will more than double its headcount in Ireland to 70 by 2030 as it opens its new offices in Dublin.

The new roles at the Dublin office will be available across all levels of the company’s organisation, including debt capital markets, fund services, treasury and corporate services.

The company currently has 30 employees in Dublin. Centralis said that the new office signifies an investment of approximately €15m. The investment is part of the company’s goal of tripling its revenues and profits by 2030.

Chief executive of Centralis Aiden Foley said their new Dublin office “marks a pivotal moment” for their team.

"As we target tripled revenues and profits by 2030, and we expect to break the €85 million revenue threshold in 2025, we will need a high-quality workforce to achieve these milestones. 

"Moving forward, we will continue to cement Centralis Group as an industry leader in providing customer-centric financial services," he said. 

Junior minister with responsibility for financial services, Robert Troy, said Centralis has “shown strong growth in a highly competitive market”, and it is “encouraging to see Irish founded and led businesses continuing to expand”.

“This is yet another vote of confidence in Ireland’s financial services industry, which continues to be a destination of choice for growth and expansion.” 

The company recently secured an investment from the California-based private equity firm HGGC which valued it at more than €500m.

Centralis was founded in Ireland in 2011 by former employees of AIB. It is a corporate services provider, and through a series of successful merger and acquisition transactions its operations now span 13 countries globally employing 500 people.