Global financial services provider confirms plans for Limerick expansion

GLOBAL financial services provider Apex group has announced it's to expand its presence in Ireland with the opening of a new office in Limerick.

The expansion, which will see the creation of several new jobs in Limerick, is supported by the Irish Government through IDA Ireland.

The company, which currently employs around 500 experts across offices in Dublin, Cork, Maynooth and Sligo, is currently represented in Limerick, via management company FundRock, which employs nearly 100 people in Limerick.

Apex group says it is seeking to hire 'talented professionals' to work in Limerick with experience in fund administration, accounting and corporate services industries - details of the roles can be found on its website.

The company says its expansion plans are being driven by increased demand from both new and existing clients its locally- delivered, single-source solution in Ireland, including Fund Administration, Corporate Solutions, Banking, Depositary & Custody and ManCo services.

Commenting on the announcement, Bryan Atkinson, Apex' Country Head for Ireland said: “We are excited to expand our footprint in Ireland with the opening of our new Limerick office to deliver our full suite of Fund and Corporate Solutions, alongside our FundRock and EDB brands. With its thriving business ecosystem, and established financial services community, Limerick offers an abundant pool of talented and highly skilled professionals to help drive our local growth plans. We would like to thank the IDA Ireland team for their continued support and valuable insights.”

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Minister for Enterprise Trade & Employment, Simon Coveney TD, added: “The launch of Apex Group’s new Limerick hub is further evidence of Ireland’s growing reputation as a sought-after home for international financial services providers. With multiple offices across Ireland, Apex Group clearly understands that local hubs offer attractive, proximate employment opportunities, and this approach will undoubtedly attract talented professionals to join their team. I wish the best of luck to Bryan and all the leadership team.”

Limerick city TD and Minister of State for Local Government and Planning, Kieran O’Donnell has also welcomed the announcement. "I am delighted to welcome the official opening of Apex Group’s new offices here in Dooradoyle with the creation various new jobs which they are now recruiting. I would like to thank the Apex Group for selecting Limerick as a key location for its growth plans and acknowledge the strong financial services pool that exists in the region," he said.

Michael Lohan, CEO of IDA Ireland, commented: “Apex Group’s commitment to growth in Ireland is excellent news for Limerick and complements the Mid-West’s strong IFS cluster.   IDA Ireland remains committed to winning investment and jobs for every region in the country. Supporting and facilitating our global clients establish and expand in Ireland is central to IDA Ireland’s strategy. I wish Apex Group every success.”