Industry & Business

Northern Trust to add up to 400 new jobs in Limerick over next five years

 Breaking News
  • SEAI and OPW Partner on Energy Saving Pilot Programme The Sustainable Energy Authority of Ireland (SEAI) is working in partnership with the Office of Public Works (OPW) to help make government buildings more energy and cost efficient with the added benefit of making them warmer and healthier places to work. The Central Government Building Upgrade Fund, funded by SEAI and administered by the OPW, [...]...
  • British Institute of Facilities Management Ireland Region Awards Launched The search is on for top facilities management talent across Ireland as the British Institute of Facilities Management (BIFM) Ireland region launches this year’s BIFM Ireland Region Awards. The prestigious awards will be celebrated at the industry body’s 21st annual FM Summit which returns to the newly refurbished National Stadium at Windsor Park in Belfast [...]...
  • Keelings Raises Over €15,000 For Dyslexia Association of Ireland Keelings, Ireland’s leading producer and supplier of fresh fruit, has raised €15,556.50 for Dyslexia Association Ireland. Founded in 1972, the Dyslexia Association of Ireland works with people affected by dyslexia, by providing information, offering appropriate support services, engaging in advocacy, and raising awareness of dyslexia. Dyslexia is a learning difficulty, which affects the capacity for fluent and [...]...
  • New Directors Steer MaREI’s Vision For Ireland as Energy Leader MaREI, Ireland’s national centre for marine and renewable energy research and development, has appointed UCC professors Brian Ó Gallachóir and Jerry Murphy as its new co-directors, after the Citizens’ Assembly recently turned its attention to tackling climate change. The Assembly’s efforts align with MaREI’s vision to make Ireland a global leader in marine and renewable energy [...]...
  • ABP Food Group in £22 Million Renewable Energy Project A £22 million investment by ABP Food Group’s renewable division in a green energy plant in the UK will produce enough sustainable energy to power the equivalent of 12,000 homes.  ABP’s renewables division, Olleco, has just opened the new 15 MW Anaerobic Digestion facility in Aylesbury, Buckinghamshire. The ABP Food Group facility is located adjacent to [...]...

Northern Trust to add up to 400 new jobs in Limerick over next five years

Northern Trust to add up to 400 new jobs in Limerick over next five years
June 13
09:00 2017

The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor, Minister for Finance Michael Noonan and Northern Trust have announced that the company is to further expand its operations in Limerick by adding up to 400 new jobs over the next five years.

The expansion is supported by the Department of Jobs through IDA Ireland and marks the fourth time Northern Trust has significantly expanded its operations in Limerick.

“The creation of up to 400 new jobs for Limerick underlines Northern Trust’s commitment to Ireland,” said Clive Bellows, country head of Northern Trust, Ireland. “We have seen growth in the scale and operation of our Irish business over the years and the continued expansion of our office in Limerick reflect this. We gratefully acknowledge the support of IDA Ireland and our local partners such as the University of Limerick and the Limerick Institute of Technology, where we have strong relationships, and recognize the pro-active engagement we have with Irish government representatives, and the local funds industry in Ireland.”

Minister for Finance Michael Noonan said: “Northern Trust has had a presence in Limerick for a number of years and are now expanding their presence here further. I’m very proud of this endorsement of the people of Limerick and its surrounds. The access to markets, the skilled workforce and the quality of life in this region I’m sure are all positive influences in this decision. In the wake of Brexit it’s important that we continue to add jobs to the local economy and having met with Northern Trust in London late last year I’m grateful that they see Limerick as a key part of their future plans for their operations in Europe. I wish the company and all of their people further success in all of their endeavors.”

Eoghan Murphy TD, Minister of State for Financial Services commented – “Today’s announcement demonstrates the added-value of investing long-term in Ireland.  Northern Trust’s initial presence in Dublin and subsequent expansion into Limerick is a proven model across all sectors of our economy – illustrating the excellent accessibility and availability of talent, and as a source of high-value and sustainable employment in the regions. The Government will continue to work closely with industry to implement the IFS 2020 Strategy in its aim to promote Ireland as the European location of choice for specialization and innovation in financial services.”

Northern Trust, one of the world’s leading financial services institutions, has had a presence in Ireland since 1989 and opened its Dublin office in 2000. Its first Limerick office opened in 2007 with 19 staff and today employs 1000 people across its two sites in Limerick at Hamilton House and City East Plaza.

“Limerick is a fund administration centre of excellence for Northern Trust supporting organisations such as leading alternative, multi-manager and traditional investment managers, pension funds, multi-nationals, insurance companies and not-for-profit organisations, worldwide,” said Catherine Duffy, general manager for Northern Trust’s Limerick office. “We aim to create an inclusive, diverse workforce and recruit graduates from across the local region as well as experienced professionals from around the world. We are committed to ensuring women are represented at senior levels of our organization and have a number of employee groups established, one of which today will host a day for our employees to bring their parents to work.”

About Author

editor

editor

Related Articles






New Subscriber





Subscribe Here



Advertisements
































National Manufacturing Conference & Exhibition 2016

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4