Financial services heading into a very promising future in Cork
Launching the report ‘Skillful Futures: 'Strengthening Cork’s Role as a Leading IFS Destination’ at the Cork Financial Services Forum Annual Summit are Tracey Donnery, Skillnet Ireland, Michael McGrath, EU Commissioner for Justice (keynote at the event), Rob Horgan, president of Cork Chamber and Karen Conboy, KPMG and Chair of Cork Financial Services Forum, Garrett O’Rourke, Cork Chamber Skillnet.
The international financial services (IFS) sector has a bustling and globally competitive hub in Cork. As of Q3 in 2023, there were a total of 135,000 people employed in financial services in Ireland, with Cork and the broader South-West region employing 8.3% of the total number of people working in financial services in Ireland.
A new report by Cork Chamber’s Skillnet provides an insight into how companies can ensure the IFS sector in Cork keeps its competitive edge on the global stage. Chapter 4 of the report focuses on the importance of learning and development as a way in which employers can overcome challenges to the sector, like the increasing importance of incorporating artificial intelligence in the way that we work.
