Fexco's Ruth McCarthy Appointed Chairman of Irish Fintech Group FPAI

Fexco’s Ruth McCarthy Appointed Chairman of Irish Fintech Group FPAI

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Ruth McCarthy. Picture: BPFI

Ruth McCarthy is CEO of Fexco Company Companies. She beforehand specialised in monetary regulation at Arthur Cox.

The Irish Fintech Funds Affiliation (FPAI) has appointed Ruth McCarthy as its new Chairman.

McCarthy’s appointment was introduced yesterday (June 16). FPAI is Eire’s main fintech sector. Based in 2015, it represents greater than 75 members throughout your complete spectrum of Irish Fintech, from startups to multinationals.

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McCarthy can be liable for finishing up the important thing aims of the FPAI. This contains facilitating dialogue and networking between members and stakeholders concerned in expertise and innovation in Eire’s monetary providers sector. The group additionally runs coaching and networking initiatives for its members. It represents the pursuits of its members and stakeholders who take care of regulators and coverage makers.

McCarthy is CEO of Fexco Company Companies with a brand new position inside FPAI. The corporate is a part of the Fexco Group, a Fintech firm based in Eire. In 2018, McCarthy spoke to SiliconRepublic.com about her job at Fexco as a part of the Leaders’ Insights sequence.

McCarthy stated that in a comparatively brief time the Irish fintech scene has “grown from website exercise to a key pillar of economic providers innovation”.

She added that she was honored to be elected Chairman of the FPAI “at an thrilling and vital time within the improvement of this dynamic sector”.

McCarthy stated she is going to work with the FPAI committee to “implement an bold work program” with the Regulatory and Coverage Working Group. This system contains collaborative workstreams and occasions on precedence points within the fintech sector.

FPAI is a part of the broader Banking & Funds Federation Eire (BPFI). The physique represents round 100 member establishments and affiliate members, together with licensed home and international banks and establishments working in Eire’s monetary markets.

McCarthy was a director of Goodbody Inventory Brokers earlier than being offered to AIB in 2021. Previous to becoming a member of Fexco, he specialised in monetary regulation with Arthur Cox. She is a Chartered Director of the American Chamber of Commerce, a member of the Authorized Practitioners Disciplinary Tribunal, and a member of the Business Advisory Group for the Irish Authorities’s Technique for Monetary Companies.

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