Irish

Thursday 21 August 2014

Desmond has faith in our recovery, but Niederauer needs his bed

Published 20/12/2012 | 05:00

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AS befits the captains of industry, the 'Business and Finance' Awards in central Dublin was a lavish affair on Tuesday night.

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Staged in the plush surrounds of the Convention Centre, about 800 people attended the black tie event to see Kerry Group scoop the Company of the Year accolade, Dr Pearse Lyons of Alltech receive Business Person of the Year and Duncan Niederauer, chief of the NYSE Euronext, being presented with a special recognition award for his outstanding investment and economic contribution to Ireland.

Financier Dermot Desmond (below) was also honoured for his outstanding contribution to Ireland for his role in setting up Dublin's IFSC.

Mr Desmond recalled the events leading to the establishment of the financial services hub, including the support he received from then Taoiseach Charles Haughey.

And he said he had faith that Ireland could pull itself out of its current difficulties.

His speech was a little shorter than one of the previous winners.

Alltech founder Dr Lyons spoke for 20 minutes longer than expected, giving a rousing address. And Mr Niederauer seemed to be feeling the jet lag after flying in from the US.

He couldn't get over the fact that the dinner, complete with copious amounts of wine, was still going on so close to midnight. And midweek as well.

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