By Dan Walsh
Former Junior Finance Minister and Wexford TD Michael D’Arcy has tendered his resignation from Seanad Éireann to Tánaiste and Leader of Fine Gael Leo Varadkar to become Chief Executive of the Irish Association of Investment Management (IAIM), a representative body for the funds and investment industry.
“I have made my fullest contribution to public life and now wish to start a new career which I can confirm will be with the Irish Association of Investment Managers,” said Senator D’Arcy who thanked the people of Wexford for their support and said he remains “a proud supporter of Fine Gael”.
Tánaiste Varadkar paid tribute; “I would have loved to have seen Michael return to the Dáil as a TD and a Minister after the next election but understand that after 20 years in public life he wants to start a new chapter of his life.”
A native of Gorey, D’Arcy was a TD for the Wexford constituency from 2016 to 2020, and previously between 2007 and 2011. He served as Minister of State at the Department of Finance from 2017 to 2020. He lost his seat in this year’s General Election and was elected to the Seanad for the Agricultural Panel in April. He previously served as a Senator for the Administrative Panel from 2011 to 2016, and as a local councillor.
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