The global investment and retirement savings business is bolstering its Dublin workforce.
Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald, TD, was present today (4 October) as Fidelity International announced the expansion of its Dublin team.
The global investment and retirement savings firm manages customer assets of €265.8bn and has had a presence here in Ireland for almost 20 years, first setting up in 2000. Fidelity International’s Dublin offices are located in George’s Quay House, Dublin 2 and are already home to some 280 staff.
Ireland a ‘major player’ in the finance space
Fitzgerald spoke at the jobs announcement today, saying: “Ireland is now a major player and a very attractive location for international financial services companies from all over the world. We have the skills and structures to support new projects and to welcome new investors.
“Fidelity’s decision to expand here is an important landmark and I look forward to an ongoing mutually beneficial business relationship with Ireland. The Government has been making strenuous efforts to ensure that we have the right conditions, especially skills availability, in place in Ireland to attract the knowledge-based sectors and initiatives like this one today by Fidelity.”
Dublin is a key area for Fidelity International’s expansion strategy
Brian Conroy, president of Fidelity International, was also present at the announcement, and he described Dublin as a “key international hub” to support the company’s growth plans. Ireland’s capital is, in his words, “critical to meeting our ambitious plans”.
Martin Shanahan, CEO at IDA Ireland, of which Fidelity International is a client, welcomed the announcement of the new roles, noting that the global company has grown its Irish workforce from 58 to 280 full-time staff over the past 14 months. He concluded: “The plans by Fidelity International to add 250 jobs shows that global companies in the financial services sector are continuing to find the right talent to facilitate their plans for rapid expansion.
“Ireland has witnessed a significant number of investments in financial services in recent months, underlying our competitiveness in this sector.”
