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Former CEO of Irish Stock Exchange Healy Dies

Traders Magazine Online News, April 24, 2017

John D'Antona Jr.


The European stock markets are mourning the passing of one its own.

Tom Healy, who led the exchange between 1987 and 2007 has died.

Tom Healy

Healy was born in 1950 in Co.Westmeath, and served as head of the Irish Stock Exchange for 20 years. More recently, he was chief executive of the Abu Dhabi Securities Exchange (ADX) (formerly the Abu Dhabi Securities Market (ADSM), before retiring in 2010.

Healy was credited with rescuing the Irish Stock Exchange from the threat of extinction, transforming the Dublin market from a sleepy backwater into one of the one of the leading destinations for international listed funds and debt securities, according to local media reports.

From being a market exclusively focused on domestic shares and government bonds, Dublin under Healy's leadership looked outward to the wider world.

In 1990, the first listed fund made its debut on the Irish Stock Exchange while the first debt fund listed in 2000. The exchange is now number one in the world for listed funds and number two for debt funds, according to local data. Then in 1995, the Irish Stock Exchange became an independent market once again after more than two decades as part of the London Stock Exchange.

Healy also acted as a consultant to the World Bank, the European Union and the United States Agency for International Development, and was involved with the World Federation of Exchanges and the Federation of European Securities Exchanges.

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