As seen in the Business Post titled Waitin for ISEs stock to rise, we decided to learn more about the woman behind the Irish Stock Exchange
Deirdre Somers, a chartered accountant, was appointed to the position of chief executive of the Irish Stock Exchange (ISE) in April 2007. The native of Cork graduated with a Bachelor of Commerce from University College Cork in 1987 and joined KPMG, becoming a manager in KPMG Financial Services where she specialised in international tax.
In 1995, Somers joined the ISE as listing policy manager, rising to become director of listing. In that role, she was responsible for all public listings, including those by companies, investment funds and debt securities. During this period, the ISE became a leader in the listing of international investment funds and specialist debt securities on its main market and two new markets were introduced; IEX, an equity market for growth companies, and GEM, a debt market for professional investors.
Deirdre was appointed chief executive of the Irish Stock Exchange in April 2007 right bang in the start of the financial crisis. As investors shun Ireland, Deirdres focus is on making the case for the ISE to be a place where indigeneous firms can achieve scale through IPOs.
Deirdre Somers – chief executive of the Irish Stock Exchange