Smurfit Joins Dublin's ML Capital

May 15 2013 | 12:44pm ET

Dublin-based ML Capital has appointed Dermot F Smurfit as chairman of the ML Capital group of companies.

Smurfit, who has 40 years' experience heading Irish businesses, currently serves as chairman of Powerflute Oyj, Eurolink Motorway Services and Cosmo Specialty Fibres. He was formerly joint deputy chairman of Jefferson Smurfit Group, non-executive chairman of Peach Holdings, former chairman of Anker, former chairman of Pankaboard Oy and a former non-executive director of ACE.

Said Cyril Delamare, ML Capital CEO, in a statement: "Dr. Dermot F Smurfit's appointment will further strengthen and help ML Capital build on the foundations put in place by the existing management team. He will be a highly valuable member of the board and will take an active role in developing  the business. Dr. Smurfit brings to the company a formidable reputation of resolute leadership and entrepreneurial spirit, which we believe will serve the company well as we strive to become the leading independent provider of European regulated fund structuring and distribution services.

ML Capital Group specializes in European regulated fund solutions for a growing global client base.

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