Brian McCarthy, a former assistant manager in AIB who was born in Dublin and grew up in Cork, founded Fexco in Killorglin, Co Kerry in 1981. The company now employs 2,000 across Europe, the Middle East, Asia, North America, Latin America and Australasia. The company owns Goodbody which benefited from the sale of the Irish Stock Exchange last November. The volume of its annual currency transactions is now over £1bn. In recent years, McCarthy passed his shareholding in Fexco to his children.