Business groups pay tribute to Paschal Donohoe ahead of move to World Bank

Business lobby group Ibec called Mr Donohoe's new role as managing director and chief knowledge officer at the World Bank a 'tremendous achievement and a strong endorsement' of his track record

Paschal Donohoe speaking at a press conference at Government Buildings in Dublin after the Finance Minister is to leave his role in Government and take up a position with the World Bank. Picture date: Tuesday November 18, 2025.

Business groups across the country have paid tribute to Paschal Donohoe following his announcement that he would step down as finance minister to take up a senior management position with the World Bank.

Speaking outside Government buildings on Tuesday, the outgoing minister for finance and Dublin Central TD said the opportunity to serve in Government had been the “greatest of honours.”