Enterprise Ireland has announced the appointment of Leo Clancy as the State agency’s new chief executive.

Clancy takes over from Julie Sinnamon as the new CEO of Enterprise Ireland.

The new Enterprise Ireland boss most recently worked for the IDA, where he was head of technology, consumer and business services.

He also served as the divisional manager with responsibility for IDA’s global marketing communications, digital and corporate services.

A qualified electrical engineer, Clancy has worked with the IDA since 2013. Prior to that he worked with Enet, an Irish telecoms network provider.

Leo Clancy, the incoming chief executive of Enterprise Ireland.

“On behalf of the board, I am delighted to welcome Leo to Enterprise Ireland,” said Enterprise Ireland chair Terence O’Rourke.

“He has a proven record of achievement with our sister agency IDA Ireland and we look forward to working with him to maximise the continued growth of Irish enterprise internationally."

The Enterprise Ireland chair also praised outgoing CEO Julie Sinnamon for her contribution to Irish business over her time in charge.

“Julie has led Enterprise Ireland with skill and commitment through two of the most significant challenges facing Irish businesses - Brexit and COVID-19.

“Throughout her tenure, she has worked tirelessly with a range of stakeholders across industry, both nationally and internationally, including Government, the public sector and third level institutions, to advance the position of Irish enterprise,” he said.

Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar said he was looking forward to working with Leo Clancy to help the Irish economy and businesses recover after COVID-19.

“Enterprise Ireland has a crucial role in the Government’s programme for reigniting and renewing the Irish economy in the wake of COVID-19 and ensuring Irish enterprise thrives in a post-Brexit world.

“In particular, the agency will support the strengthening of SMEs, focus on the key role of job creation in all parts of Ireland and help to build a more climate-resilient and environmentally sustainable economy,” said Varadkar.