Former EU Commissioner Charlie McCreevy appointed chairman of top insurance and finance firm

Murray & Spelman Ltd today announced the appointment of Charlie McCreevy as Chairman of the Board of Directors with effect from July 20 2016. Mr McCreevy has previously served as EU Commissioner for Internal Markets and Services and has held positions in several Irish Government Ministerial Offices, including Minister for Finance, Minister for Tourism & Trade and Minister for Social Welfare. His appointment marks Murray & Spelman’s 60^th year in business, having been founded in 1956 by Dermot Murray & Pascal Spelman. In 1995 the business was purchased by Michael Culhane and has continued to grow, successfully becoming one of Ireland’s leading independent Insurance and Finance brokers with offices located in both Galway and Kildare. Managing Director, Michael Culhane said “We are delighted to welcome Mr McCreevy to the Board of Murray & Spelman Ltd. We believe his skill and experience as a former Finance Minister and his dealings on many high profile Boards will allow him to play a significant role in ensuring that Murray & Spelman continue to remain a significant force in the Irish Insurance and Financial markets”. Commenting on his appointment Charlie McCreevy said; “I am pleased to be appointed to serve as Chairman on the Board of Murray & Spelman. Despite enormous challenges in the economy over recent years, the company has continued to grow due to the professionalism and commitment of Murray & Spelman’s strong management team, exceptional staff and quality service. It will be a privilege to work with the Board and build on the company’s already established foundations. Following the announcement, Charlie spoke briefly about the Brexit stating that “The UK is and will remain one of the world’s largest economies, and thus it would make no sense for either the EU or the UK not to have a close relationship into the future” Mr McCreevy also believes that common sense will have to prevail on both sides of the talks as Britain came to the support of its European partners in the two World Wars of the 20^th century and given that history, it would be more than ironic if countries on mainland Europe did not treat the United Kingdom in a fair manner in the upcoming negotiations. The appointment of Mr McCreevy as Chairman of the Murray & Spelman Board has been approved by The Central Bank of Ireland.