| 11.3°C Dublin

Hunt for IFSC frontman

GOVERNMENT officials have tasked the financial industry to propose a frontman for the IFSC.

The new position, which was raised at a high level meeting of the Taoiseach's IFSC Clearing House Group, would involve the rebranding and promotion of the financial centre.

Dublin's IFSC, where 25,000 people are employed, has fallen dramatically in a major global index of financial hubs over the last 18 months -- from 10th to 23rd place.

The industry has been given a couple of weeks to plan on how the role would operate, and how the new 'tsar' would liaise with state bodies.