Liam O'Mahony Appointed As New Chairman Of IDA

Mary Coughlan T.D., Tánaiste and Minister for Enterprise, Trade and Employment, announced the appointment of Mr Liam O'Mahony as the new Chairperson of IDA Ireland last Thursday.

Announcing the appointment, the Tánaiste said, "I am delighted to welcome Liam as Chairman and wish him every success in his new position. He takes up this position at a time when we are facing significant challenges in the global economic environment. I have every confidence that Liam's valuable experience and knowledge will contribute greatly to the further development and enhancement of foreign direct investment in Ireland."

Born in Tipperary and educated at De La Salle in Waterford, University College Cork, Trinity College Dublin and the Kings Inns, Liam O'Mahony is a former Group Chief Executive of CRH plc and has over 37 years experience in a variety of senior management positions, including that of the company's Chief Executive of its US operations and as Managing Director of the Republic of Ireland and UK group of companies. Mr. O'Mahony is currently a non-executive director of CRH and of Project Management Group and is a member of the Irish Management Institute Council. He currently serves as Chairperson of Smurfit Kappa Group plc.

The Tánaiste paid tribute to Mr John Dunne, the outgoing Chairperson of IDA Ireland, and thanked him for the work undertaken by him and progress made during his 10-year tenure as Chairperson of IDA. His commitment and valuable service has contributed to the excellent results achieved by the Agency in the attraction of foreign direct investments over the last number of years.

Established in its current form in 1994, IDA Ireland is the government agency responsible for the establishment and development in the State of industrial undertakings from outside the State.

IDA works in partnerships with other organisations to enhance the best of Irish capabilities and talents and match them to the best of global investment.