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Wednesday, 5th August 2020
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People on the move Back  
People on the move in Ireland's IFS sector
New president for Bankers
Cormac McCarthy, group chief executive of Ulster Bank, is to succeed John Trethowan as president of the Institute of Bankers in Ireland. In his inaugural address McCarthy told the Institute's Annual General Meeting that substantial expansion of higher-level education and training in financial services was essential to ensure the continued health of this economically vital sector.
Before his appointment as chief executive of Ulster Bank, he held a number of top management posts with First Active, including chief financial officer and chief executive. Earlier in his career he worked at Woodchester Investments plc where he held a number of senior positions. He is a graduate of UCD and is a chartered accountant and a Fellow of the Institute.
Richie Boucher of Bank of Ireland was elected deputy president of the Institute at the AGM.

New members on FSC Panel
Pat McArdle, Ulster Bank, Paul O'Connor, Irish Banking Federation and Federation of International Banks in Ireland, and Robert Richardson of the Irish Association of Investment Managers and Pioneer Investment Management have been appointed to the Industry Panel of the Financial Regulator's Financial Services Consultative Panel.

New CEO for NDFA
Adrian Kearns has been appointed chief executive officer of the National Development Finance Agency (NDFA), which advises on the financing of national infrastructure projects. It also engages in the procurement of projects themselves in certain sectors. Kearns, a director of the National Treasury Management Agency (NTMA), is a graduate of University College Dublin.

New managing partner at Deloitte
Pat Cullen FCA, has been appointed managing partner at Deloitte. He has served on the executive board of the practice since 1999 and succeeds Pat Kenny in the role. Cullen joined the firm in 1978 and has been a partner since 1986. He is also a past president of the Irish Taxation Institute.

New director at Deloitte Pensions and Investments
Stephen Mahon has been appointed as a director in Deloitte Pensions and Investments Ltd. He has over 20 years experience in providing administrative and consultancy services to both group defined benefit schemes and defined contribution schemes having previously worked for BDO Simpson Xavier and Mercer Human Resource Consulting.

A&L Goodbody appoints CEO
Brian Montague has been appointed Chief Executive Officer at A&L Goodbody. Montague joins the firm from eircom where he held the position of group human resources director. Earlier in his career he worked for Guinness and British Airways as a general manager.

A&L Goodbody has developed a management structure to reflect what has become a significant and scaled business. The CEO is integral to the strategic development of the Firm. The role of CEO is unique in the Irish marketplace and modelled on the large international law firms. A&L Goodbody believes that the appointment of Brian Montague will consolidate its position as Ireland's premier law firm by further developing and enhancing its management capability, market presence and client service.

Mercer Global Investments
(MGI) has added to its management team through the appointment of Amit Popat to the position of head of European business development. Popat has 15 years of experience in the European asset management industry and joins the firm from Santander Central Hispano where he was senior vice president, he previously worked for Northern Trust Global Investors and Fidelity.
Rob Marsden joins MGI as head of fixed income portfolio management. He takes the position having previously held the role of head of fixed income research at Mercer Investment Consulting for the last seven years. Prior to joining Mercer he worked as a government bond trader at National Commercial Bank based in Jeddah, Saudi Arabia and also worked for Lombard Odier, where he managed a variety of portfolios.

AIBIM appoints new chief investment officer
Róisín Magee has been appointed chief investment officer at AIB Investment Management. She will take up her position on 2nd April. Magee joins the firm from the TRW Pension Scheme where she held the position of chief investment officer. She previously held the position of head of pan-European equities at Insight Investment, part of the HBOS group.

New partner at Matheson Ormsby Prentice
Jonathan Branton has been appointed a partner in Matheson Ormsby Prentice's EC Competition and Regulatory practice. Prior to joining Matheson Ormsby Prentice, Branton was a partner in the Brussels office of international law firm, Hammonds. He has specialised in EC competition, trade and regulatory matters for 12 years advising on mergers, state aid investigations, trade defence proceedings such as anti-dumping and anti-subsidy, and public procurement disputes.

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