IDA Ireland Announces Appointment of new CEO – Martin Shanahan

IDA IRELAND, the foreign investment agency of the Irish Government, has enjoyed strong results over the last number of years, with over 161,000 people now working for over 1,000 foreign companies based in Ireland.

In order to consolidate this success and build for the future, the Board of the IDA is pleased to announce the appointment of Martin Shanahan to the role of CEO Designate of IDA Ireland. Martin is currently the CEO of Forfás, the advisory board for enterprise, trade, science, technology and innovation.

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Martin will take up the role in August and lead the development of a new strategy for IDA, along with client companies, the Department of Jobs, Enterprise & Innovation, other Government departments and sister agencies.  

IDA together with the Public Appointments Service, and PWC, undertook an extensive search program to find the best candidate to lead the organisation through a new phase in its successful development.

Chairman of the IDA Frank Ryan said: “Martin Shanahan is an energetic senior executive, with extensive experience in both public and private sectors. He will bring a wealth of knowledge of economic development from his previous role as CEO of Forfás.  Working with the current dynamic IDA team, he will build on the successes of recent years and take the organisation into a new phase of its development. I wish Martin all the best in his new role and have every confidence the organisation will prosper under his leadership.”