I was appointed Chairperson of the NTMA by the Minister for Finance in December 2022, succeeding Maeve Carton. Maeve was an outstanding Chairperson who brought immense expertise and insights into her role throughout her four-year term. On behalf of my Board colleagues I thank her for her leadership and wish her every success in the future.
As we are all aware, 2022 was a year of significant challenge, both in Ireland and globally. The hope that was so prevalent in the opening months of the year, as the effects of the pandemic began to recede, was overshadowed by the dreadful and tragic events in Ukraine.
In his statement, the Chief Executive, Frank O’Connor outlines the severe humanitarian and economic consequences of the Russian invasion. I would like to acknowledge the commitment and adaptability of the NTMA’s people yet again, as the Agency dealt with the challenges that came with this and the related global financial uncertainties and market volatilities.