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Tag Archives: finance

New governance structure to secure future of Bridge Complex

Plans are being made to set up a new governance structure to help secure the future of Sixmilebridge and District Community Complex, following a public meeting in the village earlier this week. A recent Clare Champion investigation revealed that the Registry of Friendly Societies (RFS) cancelled the centre’s registration on April 17, 2015 over its failure to submit annual audited accounts to the registrar. It also found that November 21, 2007 was the last time that annual audited accounts were lodged with the RFS for the year ending December 31, 2006. It has been decided that local resident Pat Hayes will operate as an independent facilitator to seek legal and accountancy professional advice, and to put this information to a group of special members, shareholders and members of the Bridge Kids interim management. Mr Hayes, who is a parent of children attending the crèche, said he would be prepared to link-in with the present interim board of management to form …

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A path to finance for community groups

Minister for Social Enterprise Ann Phelan has formally launched Community Finance (Ireland) the new brand for one of the largest providers of finance to the community and voluntary sector on the island of Ireland for the last 20 years. Previously known as Ulster Community Investment Trust (Ireland), Community Finance (Ireland) is part of the UCIT Group which has to date, invested more than €70 million in over 400 community and volunteer organisations across a range of sectors and projects. Donal Traynor, associate director of Community Finance said, “With over €100 million available in funding, Community Finance is targeting organisations and social enterprises, which are delivering an immediate social impact to the community but cannot access finance from traditional lenders like banks or building societies. Community Finance wants to ensure that the services provided by these organisations are not restricted due a lack of finance.” Minister Ann Phelan, said, “In my role, I know first-hand how the community and social enterprise …

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Up to 100 jobs for Shannon

WIPRO Ltd has announced it will expand its workforce in Shannon by up to 100 employees, to meet increasing business requirements. Currently, the centre employs over 200 professionals and has developed into an award-winning organisation, delivering services to banks and financial services companies across Ireland and Britain. The Shannon centre provides Wipro’s IT and business process services’ (BPS) offerings to marquee retail banking and insurance customers. Wipro’s centre in Shannon, Ireland is a regulated entity through the Central Bank of Ireland and complies with the FCA (Financial Conduct Authority) in the UK. Rajan Kohli, Senior Vice President and Head of Banking & Financial Services, Wipro Ltd said, “Ireland today offers a great talent pool and excellent infrastructure support. We are seeing a lot of interest from banks in the region for services around business resilience, risk & compliance, simplification, digital, mobility and analytics. Our experience in working on similar engagements with various banks in the UK and other countries is …

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David Fitzgerald, Clare manager celebrates with Saoirse Bulfin following the All-Ireland senior hurling final replay against Cork at Croke Park. Photograph by John Kelly.

Davy’s appointment based on coaching pedigree

  IN a detailed report to next week’s Clare GAA convention, Clare secretary Pat Fitzgerald had nailed on the head the notion that nepotism came into play when his son Davy was appointed as Clare manager in 2011, writes Seamus Hayes. “I have to admit I was taken aback by the degree of cynicism to the appointment of Davy to the Clare job initially. Opinion was clearly divided and he had to work hard to win the cynics over”, Fitzgerald says in his report which is being circulated to clubs this weekend. “I came in for a share of criticism myself, being accused of nepotism, matching the cronyism that has dogged the Irish political system over the years. But such an assertion couldn’t have been further from the truth. Davy’s appointment was based on his coaching pedigree not on family loyalties. I was subjected to a lot of stick, but I stuck to my guns and I think as events …

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