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First Derivatives names Seamus Keating as chief executive

Seamus Keating

TECHNOLOGY firm First Derivatives has appointed Seamus Keating as new chief executive following the death of its founder last year.

Mr Keating, who is from Tipperary, succeeds Brian Conlon at the head of the software and consulting plc, which is based in Newry.

He was appointed a non-executive director of First Derivatives in 2012 and became chairman a year later.

The firm's non-executive director, Donna Troy, has now been appointed chairman. Mr Conlon died after a short illness in July, aged 53.

Mr Keating is a qualified accountant with a background in financial technology. He held a number of senior roles at Logica plc until its acquisition in 2012 by CGI Group, including chief financial officer, chief operating officer and chair of its worldwide Financial Services practice.

Since 2012 he has worked with a number of growing technology businesses in the private and public markets as chairman and non-executive director. He was appointed a non-executive director of FD in December 2012 and chairman in July 2013.

Mr Keating said: "Since my appointment as executive chairman my priority has been to ensure the group maintains its drive to deliver growth. During this time I have met stakeholders across the business, including employees, customers, partners and investors across all the regions in which the Group operates.

"I have been struck by the high regard in which FD and our corporate culture is held, which provides an excellent platform on which to execute the group’s strategy. I am grateful to FD’s employees who have shown immense dedication during this difficult period and to the board for its support as I take on this new role, leading FD to achieve its long-term objectives.”

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