Minister Killeen described the new chairperson as being very well respected within his profession, a reputation he had earned through hard work and achievement.
"Mr Fennell's track record in developing Galway-Mayo Institute of Technology to where it is today speaks for itself. He now faces a new and challenging role with the Marine Institute," said Mr Killeen.
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The Clare TD added: "This work is vital in ensuring the long term sustainable and prosperous future for the fishing industry and I have no doubt Jim is keenly looking forward to the challenges ahead."
Minister Smith said he was pleased that Mr Fennell had accepted the appointment, having worked both in the private and public sectors for many years.
"I have no doubt Mr Fennell will quickly gain a full understanding of the issues facing the Marine Institute and recognise the pivotal position it holds in the context of the fishing industry," added the Agriculture Minister.
The Marine Institute is mandated to "undertake, to coordinate, to promote and to assist in marine research and development" in accordance with the Marine Institute Act, 1991.
(PR/JM)
