Former Aer Lingus boss Willie Walsh appointed to NTMA advisory committee
Mr Walsh expected to become chairman of the board of directors of NTMA
Former Aer Lingus boss Willie Walsh has been appointed to the advisory committee of National Treasury Management Agency - the body that manages the country's debt.
Making the announcement today, Finance Minister Michael Noonan added that he intends to appoint Mr Walsh as chairman of the Board of Directors of the NTMA, when forthcoming legislation is passed by the Oireachtas and enacted.
Mr Walsh is chief executive of International Airlines Group (IAG) - the parent company of British Airways and Iberia.
He is a former chief executive at Aer Lingus and British Airways.
Announcing his appointment, Mr Noonan said: "Willie Walsh is an ideal candidate for the role of Chairman of the National Treasury Management Agency Board given his position as a global business leader, his extensive experience of corporate change, and his equity and financial market experience.“
He added that his role will be multi-dimensional including the provision of advisory services in relation to commercial semi-states through NewERA.
Mr Walsh became chief executive of International Airlines Group (IAG) when the company was created in January 2011, joining from British Airways where he was Chief Executive from October 2005.
It is one of the world's largest airline groups with more than 435 aircraft flying to 230 destinations and carrying more than 70 million passengers each year.
Mr Walsh started his airline careers in Aer Lingus as a pilot in 1979 and became chief executive in 2001.
He became boss at British Airways in 2005 and that airline subsequently became part of IAG.