Thursday 26 April 2018

Was Quinn brushing up for a Labour push on government?

FORMER Finance Minister Ruairi Quinn was in the London headquarters of Bloomberg yesterday where he took part in a day-long conference on the sovereign debt crisis alongside Portugal's Carlos Costa Pina and Luxembourg's Luc Frieden, who run their respective economies.

The former Labour Party leader and brother of ex-Allied Irish chairman Lochlann Quinn has long seemed more comfortable mixing with industrialists and bankers than storming the barricades but one wonders was he just hobnobbing with the great and the good or brushing up on his knowledge of the banking crisis as Labour slowly prepares to return to government with Fine Gael?

Other contributors included former British chancellor of the exchequer Alistair Darling, Barclay's Julian Callow, S&P's Moritz Kraemer and Lord Jacob Rothschild.

Kappa look to Mexico

SMURFIT Kappa has cast its net further than usual to appoint a new director. The Dublin-based paper maker has named 62-year-old Roberto Newell as non-executive director.

The Mexican is the head of an independent think tank established to enhance his country's competitiveness and a former deputy minister for agriculture.

He was also a consultant at McKinsey, where he advised large corporations and national governments in North America and Latin America on financial and telecommunications matters.

Mr Newell has a PhD in economics from the University of Texas in Austin.

Three get institute roles

TOM Byrne, Liam Daniel and Heather Ann MacSharry have been elected to the board of the Institute of Directors in Ireland.

Mr Byrne (60), who sits on the board of the Irish Takeover Panel, is the founder of nine-year-old Abaris Corporate Advisers and the former head of corporate finance at Davy Stockbrokers.

Before joining Davy, the Dubliner was a partner in Arthur Andersen.

Liam Daniel is company secretary at Elan and a former financial director at video chain Xtra-vision from 1990 to 1992.

Heather Ann MacSharry, a daughter of former EU Commissioner Ray MacSharry, is a non-executive director of Bank of Ireland and IDA Ireland and a former managing director of Boots Healthcare in Ireland.

Irish Independent

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