Mr Donoghue takes up his new role in 2024.
Said Ms. McLaughlin: “Kieran Donoghue brings a wealth of experience to Invest NI, particularly from IDA Ireland.
“I have long advocated for Invest NI to learn from the most effective elements of the work of IDA Ireland, particularly when it comes to rebalancing investment and jobs across the region.
“The fact that such a senior member of the IDA will be at the helm of Invest NI is to be welcomed and I hope that it encourages the organisation to rightly promote Derry as the capital of an integrated region with a cross-border labour market.
“I look forward to working with Kieran in the months and years ahead as he gets to grip with transforming this organisation at a time of profound change and acting on the recommendations from the recent scathing review of Invest NI.
“In particular, his leadership will be essential as Invest NI undertakes a new approach to the sub-regions and to the North-West in particular.
“We must see a comprehensive rebalancing of Invest NI support and resource here in our region, the adoption of specific sub-regional targets on employment, skills and productivity and a specific North-West lens applied to the Action Plan that has been produced to tackle the pressing challenges facing the organisation.
“These steps are essential to restoring the confidence of the people of the North-West in the economic development agency and ensuring that everyone across the North has access to quality work.”
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