Business

North needs an EU Joe Kennedy, says new chair of IoD

Ex-KPMG boss calls for Europe to appoint a special economic envoy

The new chair of the IoD NI, John Hansen, speaking at a lectern at the Culloden Hotel and (inset) Joe Kennedy III.
The new chair of the IoD NI, John Hansen, said the EU should appoint an economic envoy for Northern Ireland, similar to that occupied by Joe Kennedy III for the Biden administration.

The European Union should appoint a special envoy to help promote the economic prospects of Northern Ireland, the ex-boss of KPMG has said.

Addressing 450 business leaders at the Culloden Hotel on Thursday night, the new chair of the Institute of Directors (IoD), John Hansen, said such an appointment would enable local businesses to fully leverage dual market access opportunities.

He has urged the UK government to begin dialogue with EU officials about securing the key economic role.

The United States first appointed a special envoy to the north in 1995.

The role, most famously taken on by George Mitchell, has traditionally been viewed as that of a political facilitator.

In 2022, the role evolved with Joe Biden appointing Joe Kennedy III as US special envoy to Northern Ireland for economic affairs.

The US State Department said the role would concentrate on “advancing economic development and investment opportunities in Northern Ireland”.

In his address on Thursday night, John Hansen also outlined the IoD’s three main asks of the Northern Ireland Executive.

He called on the executive to commit to long-term stability, by making the most of green energy, skills, infrastructure and technological opportunities.

The IoD chair also said sustainable long-term growth should be a priority, with a view to creating a robust economy.



He said such an approach should help fund healthcare, education and public services, and broaden the tax base.

Finally, he said business leaders should be involved in the decision making processes.

“Business leaders have and continue to stand ready to support the newly formed executive in making difficult choices and are well-positioned to help ministers seize opportunities for this region,” said Mr Hansen.

“Looking around this room, I can see talent, expertise and innovation in abundance but also a genuine willingness to lend support to decision makers to ensure stronger outcomes for everyone living and working in this region.

“Those sitting around the Executive must realise this and establish closer working relationships with the business community.”

The new chairman also called on business leaders to take on a more active role in addressing societal issues and delivering long-term social value.

“As senior leaders we have a responsibility to unite people from all walks of life, uplift them and contribute positively to a prosperous, inclusive and peaceful society,” he said.

“We will not stand back and allow the stagnation of living standards and a lack of inclusivity to make way for a rise in racism and social unrest.

“Respecting our differences and fostering social cohesion is imperative for the success of our region and the onus is on each of us to make Northern Ireland a welcoming place for those arriving here for work.”