New arrivals at Merrion
Merrion Capital has made a number of appointments in recent months, including that of Olivia Smith as head of its new bonds unit, and the poaching of an analyst from its competitor Goodbody Stockbrokers. | | Gavin Kelleher |
Gavin Kelleher, who achieved considerable success at Goodbody Stockbrokers, and was rated top analyst in both the 'Media' and 'Gaming' categories in FINANCE Magazine's equity analysts ratings in its 2006 Stockbroking Survey, has joined Merrion as an equity research analyst.
Jason Drennan has also arrived at the company, as head of property. Drennan previously worked for Anglo Irish Bank as US property manager. Jimmy Swaine has also joined Merrion Capital as an equity trader, having previously worked for ABN Amro, Dublin.
New head of asset finance at AIB
AIB Corporate Banking has established a new asset finance function which will be headed up by Cathal O'Connor. In this new role, O'Connor will manage the asset finance function for AIB Corporate Banking Ireland, incorporating traditional corporate leasing and specialist asset finance.
He previously held the position of senior product manager for AIB IT Technology Finance, a division which he helped to establish. Prior to that, he worked within the Asia Pacific and pharmaceutical portfolios for AIB International Corporate Banking. O'Connor joined AIB in 1997 as a temporary bank official in the credit support unit of corporate operations. | | Cathal O'Connor |
BoI to grow its specialised finance function
Adrian Sainsbury has been appointed as head of global specialised finance for Bank of Ireland, and his role will involve driving the further expansion of the bank's sector focus as well as working closely with its other niche based businesses - acquisition finance, project finance and property.
Based in London, Sainsbury will have responsibility for the bank's specialised lending and UK corporate activities including asset based lending, media finance, healthcare, shipping and general UK corporate business.
Sainsbury formerly worked for Royal Bank of Scotland (RBS), where he was managing director of domestic banking services within UK corporate banking and a member of the UK corporate banking board. Prior to that he was head of the business banking debt products team at Barclays.
Bank of Ireland has recently been mandated lead arranger on a number of high profile financing deals in the UK including Boosey & Hawkes, MFI, Royal Worchester & Spode, Nuaire, Cambridge Waste and BAA.
Deloitte appoints seven partners
Professional services firm Deloitte has appointed a further seven partners in a number of areas throughout Ireland.
Both Susan Birrell and Glenn Gillard have been appointed as audit partners in Dublin, while Cathal Treacy has become an audit partner in the Limerick office. Alan Flanagan is a new consulting partner; and there are two new taxation partners - Lorraine Griffin and Conor Hynes. The seventh partner, Colm McDonnell, is part of the enterprise risk services division.
New MD for BIAM UK
Bank of Ireland Asset Management (BIAM) has appointed a new head of UK operations in an effort to beef up its presence across the Irish Sea. | | Carl McAndrew |
Carl McAndrew, former head of business development with the firm, has been appointed as managing director of BIAM (UK), replacing Olivier Santamaria, who has been appointed head of institutional relationship management for BIAM's Irish customer business.
New chair of IAPF
Patrick Burke has been elected chairman of the Irish Association of Pension Funds (IAPF), succeeding Joe Byrne, managing director of Coyle Hamilton Willis.
A solicitor by profession, Burke is a director with Irish Life Investment Managers and is also an associate of the Irish Taxation Institute.
Also at the IAPF, chief executive, Nora Finn, has announced her resignation, effective as of July. Finn has worked for the association for the past five years.
New board appointments
AIB has appointed David Pritchard as a non-executive director. Pritchard has held senior positions in Citigroup and the Royal Bank of Canada before joining Lloyds TSB Group in 1995
as group treasurer.
Meanwhile, Bank of Ireland has upped the female quotient on its board by appointing a further three non-executive directors, two of whom are women. Rose Hynes, who made her name with Guinness Peat Aviation, is also a director of Bank of Ireland Mortgage Bank, Bord Gais Eireann, Shannon Airport Authority, Northern Ireland Water Ltd and a number of other companies. Heather Ann McSharry is general manager of Reckitt Benckiser in Ireland, and was previously managing director of Boots Healthcare Limited in Ireland.
Also appointed to the board is former managing partner of KPMG, Jerome Kennedy, who is also a director of Bank of Ireland Life Holdings plc, New Ireland Assurance Company plc and Total Produce plc, where he chairs the audit committees. Kennedy currently acts as a strategic business adviser to a number of Irish businesses and is a member of the Audit Committee Institute.
New partners for PwC
PricewaterhouseCoopers has appointed eight new partners. Pictured above are the new partners with Donal O'Connor (senior partner, fifth from left) and Ronan Murphy (senior partner elect, fourth from left) are new partners from left to right: John Dunne, Richard Day, Th?r?se Cregg, Ronan Murphy, Donal O'Connor, James McNallly, Susan Kilty, Liam Diamond, Joanne Kelly and Ronan Furlong. |
