Fexco to appoint new Managing Director early next year

Fexco sign   Financial services group Fexco will appoint a new managing director early in the New Year. The current managing director, Gavin O’Neill, indicated during the autumn that he would step down at the end of this month after five years in the role. The Irish Independent is reporting the appointment comes as Fexco, which also owns Goodbody Stockbrokers, revealed it had net assets of €275m at the end of 2013. Founded by Brian McCarthy, who is executive chairman of the group, Fexco has it’s headquarters in his native, Killorglin. He founded Fexco in 1981, initially to service the local tourist market in Kerry. It’s now the world’s biggest provider of dynamic currency conversion services and employs close to 2,000 people.