Ryanair’s growing investor relations function is to be headed by a dedicated financial expert.

The budget carrier has promoted Shane O’Toole as its head of investor relations, moving from his current role as an accountant in the finance department.

He previously worked for financial services firm Cantor Fitzgerald in Dublin

Ryanair chief financial officer, Neil Sorahan, said: “We are pleased to appoint Shane O’Toole as our head of investor relations.

“His appointment comes at an important time for Ryanair, and I am sure that Shane’s experience in the financial sector will be a key asset as Ryanair implements its growth plans over the coming years.”

O’Toole said: “I look forward to heading up the investor relations function and working with our international investor base at this important stage of Ryanair’s development.”