Minister Simon Harris announced the decision.
Vincent Cunnane has been confirmed as the first president of the Technological University of the Shannon: Midlands Midwest.
Higher Education Minister Simon Harris announced the decision following an international recruitment process.
The term will be eight years starting on October 1st.
Professor Cunnane has been President of Limerick Institute of Technology since 2016.
He says they are very ambitious for the future:
Commenting on the appointment of Professor Cunnane, Professor Collins said,
"All in the consortium are very pleased that Vincent Cunnane is to be the inaugural President. He has a distinguished record of achievement in the academic, research and development spheres. He is eminently qualified to lead the development of the TU and its contribution to the economic, social and cultural life of the Midlands, Midwest and beyond.
In that task he will be greatly assisted by the quality and commitment of the leadership team and staff of the TU.”
Mr Liam Rattigan, outgoing Chair of AIT Governing Body also welcomed the appointment:
"I want to wish Vincent and all in the new TU every success as it embarks on this new phase of higher education in the Midlands and the Midwest.
I also want to pay tribute to the legacy of Prof Ciarán Ó Catháin who has led AIT for the past two decades and under whose leadership the Institute achieved university status."
Mr Tony Brazil, outgoing Chair of LIT also paid tribute to Prof Cunnane:
I worked closely with Vincent over the past three years since I became Chair and have been hugely impressed by his vision, energy and leadership. He will be an outstanding first President for the new TU."