Investec, a specialist bank and wealth and investment manager, has opened a new Munster office in Cork city in a move to strengthen its presence in Ireland.
The Munster office is expected to create ten jobs and will be staffed by a local team. The South African bank already has 240 staff in Dublin.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Investec provides specialist banking services such as treasury, corporate finance, and wealth and investment mostly in the corporate SME sector and for those requiring wealth management services.
Investec global head Ciaran Whelan said "As a business, we’ve grown significantly in Ireland over the past five years providing competitive, value-added specialist services for corporate, SME and wealth management clients.
"Investec continues to invest in Ireland, and sees great opportunity in the region and the country in the long term. Cork city is a natural next step in the group’s expanding footprint in Ireland, housing many of the world’s leading companies in technology and pharmaceuticals.
"Having doubled our headcount in Ireland over the past few years our next challenge is to help firms in Ireland experience similar growth," he added.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
