Former Minister of State at the Department of Finance Michael D’Arcy (left) and Minister for Finance Paschal Donohoe, at the National Economic Dialogue last year
FG senator Michael D’Arcy – who until 93 days ago was the junior minister responsible for the funds industry – is leaving politics to become the chair of the funds industry’s representative body https://t.co/G0hzU4kTbd
— Gavan Reilly (@gavreilly) September 28, 2020
Former junior finance minister Michael D’Arcy is to resign his seat in the Seanad to become chief executive of the Irish Association of Investment Management (IAIM), the representative body for the funds and investment industry here.
Mr D’Arcy, who worked on policy towards the funds sector in his role as Minister for State with responsibility for financial services and insurance, takes the job as the industry faces major changes in the wake of Brexit…..
IAIM have been in touch to say not only will Mr D’Arcy not be lobbying for 12 months, the entire investment managers representative organisation will stop lobbying for the coming year. https://t.co/BJ3A4oRuJG
— Philip Ryan (@Philip_Ryan) September 28, 2020