| New head for Ulster Bank’s corporate division |
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| Robert Gallagher, general manager of AIB Corporate Banking International, has been appointed chief executive, Ulster Bank Corporate & Financial Markets (CBFM) with responsibility for Northern Ireland and Republic of Ireland. Gallagher has been with AIB Capital Markets since 1990, and was a driving force behind the development of AIB’s acquisition finance division, and its Collateralised Debt Obligation (CDO) programme. |
Gallagher has been with AIB Capital Markets since 1990, and was a driving force behind the development of AIB’s acquisition finance division, and its Collateralised Debt Obligation (CDO) programme.  | | Robert Gallagher |
To date, AIB has has issued three CDO deals – Tara Hill, Clare Island and Galway Bay - all of which were backed by leveraged loans, and which positioned the bank as one of the top CDO managers in Europe and a leading player in the European leveraged buy out (LBO) market.
Gallagher succeeds John McNally, who will be retiring after 38 years service with Ulster Bank Group. |
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| Article appeared in the July 2005 issue.
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