Key Kenny adviser moves to EU job
Published 02/09/2016 | 02:30
Taoiseach Enda Kenny's chief economic adviser has left Government Buildings to take up a new role with the European Investment Bank (EIB).
Andrew McDowell, who has been behind Fine Gael's economic policies since 2011, took up the prestigious position yesterday.
He is the first Irish member of the bank's Management Committee for 12 years.
His appointment followed a row involving Independent Alliance minister Shane Ross, who prevented the Taoiseach making an appointment to the position without an open competition.
Mr McDowell's departure will be seen as a blow to the Taoiseach, although Mr Kenny has encouraged his career progression.
Prior to working for the Taoiseach, Mr McDowell was chief economist at the Irish business development agency, Forfas, and European Deputy Editor at the Economist Intelligence Unit.
The EIB is the long-term lending institution of the European Union.
The position comes with a salary in the region of €270,000, an "installation allowance" of €46,000 and a "resettlement allowance" of €23,000.