Frank Ryan has been appointed as the Chairperson designate of the board of IDA Ireland.
The Minister for Jobs, Enterprise and Innovation, Richard Bruton, announced the appointment today.
Mr Ryan recently retired as the chief executive of Enterprise Ireland, having served in that position for two five year terms from 2003 to 2012. Exports from Irish companies increased from €9.6 billion in 2003 to a record high of €16.2 billion in 2012, despite the financial crisis.
A native of Dundalk, Co Louth, Mr Ryan previously worked for 25 years with IDA Ireland.
“IDA Ireland is one of the best multinational investment agencies in the world. In the past two years it has delivered record performances in terms of jobs growth, with over 12,000 additional jobs created, record numbers of investments delivered and a growing list of world-leading companies establishing operations in Ireland,” commented Minister Bruton today.
The Minister said that Mr Ryan, with over 35 years’ experience in supporting the economic development of Ireland is ideally placed to oversee the next phase of the growth of the multinational sector.
“I am confident that under his chairmanship, the multinational sector can continue the strong growth which has been so crucial to our economic recovery in recent years,” he added.