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Tuesday, 23rd April 2024
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Comings and goings in finance
In and out at BIAM
Bank of Ireland Asset Management (BIAM) has announced two new arrivals to the firm. Pranay Gupta Laharia has been appointed head of technology and telecommunications research, while David Furey has been appointed senior portfolio manager – fixed income.

Gupta joins BIAM from Deutsche Bank in New York where he was a research analyst specialising in the IT sector. Furey is an experienced credit portfolio manager with over 12 years’ experience in developing and implementing credit based, fixed income strategies across a range of client portfolios. He joins BIAM from Butterfield Asset Management in Bermuda.

Meanwhile, Jamie Wood has surprisingly left Bank of Ireland Asset Management (BIAM) only months after joining the company. Wood has announced that he will be returning to Newman Ragazzi Partners in London, the firm that he only left last September to join BIAM. The hedge fund manager was expected to be the focus of the firm’s bid to build a superstar brand.

BIAM is also saying goodbye to Paul Boyne, managing director of global equities. Boyne joined the company in 2006.

Deloitte appoints senior manager
Deloitte has appointed Greg Gormley as senior manager to its M&A transaction services team. Gormley joins Deloitte from Goodbody Stockbrokers where he worked in the private clients department. In his new role, Gormley will be responsible for providing transaction support to both corporate clients and financial institutions.

Fitzgerald joins Uniphar
Uniphar plc has announced that David FitzGerald has joined the company as group finance director. FitzGerald previously worked with Danone, Microsoft, Procter & Gamble and Ernst & Young.

McSweeney homeward bound
Declan McSweeney, former chief financial officer at AIB, has resigned from his position as a senior executive with a Czech consumer finance company. McSweeney has recently stepped down as chief financial officer and board member of Home Credit, a subsidiary of PPF – an eastern European financial services company.

McSweeney cited a desire to spend more time in Ireland as the reason behind his resignation. He is expected to stay on as an adviser to Home Credit until October, and will also help to hire his replacement.

Finance Ireland board appointment
Finance Ireland has announced that Gary Kennedy has been appointed to the board as a non-executive director. Kennedy was previously a member of the AIB Board and served as group director for finance and enterprise technology.

Divisional directors for Bank of Scotland (Ireland)
Bank of Scotland (Ireland) has made two new divisional director appointments in its asset finance team. Ronan Horgan has been appointed sales director of asset finance and motor sales, while Debbie McConnell has been appointed business support divisional director.

Under his new title of sales director of asset finance and motor sales, Horgan is responsible for all aspects of asset finance sales and management including motor finance, plant and truck, marine, and aviation. McConnell’s new role as business support divisional director gives her responsibility for a number of teams within asset finance including credit and underwriting, sales support, disbursements and customer services.

McMahon joins Collins Stewart
Rob McMahon has been appointed director of equity sales for stockbroker Collins Stewart Europe’s Dublin office. McMahon joins the firm from NCB Stockbrokers, and has previously worked for Citigroup and Global Markets.

Also, Phil Taylor has joined Collins Stewart’s sales trading team, after spending more than 10 years at ABN Amro Securities in London.

New relationship director at Barclays
Rachel Howard has been announced as relationship director in Barclays Bank Ireland’s financial services division. In this role, Howard will hold responsibility for providing banking services to the financial services sector including, funds, insurance and reinsurance, specialty finance, banks and intermediaries. Howard will be based in Barclays Bank Ireland’s new offices at Two Park Place, Hatch Street.

EBS appoints new board member
Emer Finan has been appointed to the board of EBS Building Society. Finan joined the company two years ago as director of strategic development and company secretary, having previously worked for NCB Corporate Finance, ABN Amro, Citibank and KPMG.

MOP announces new appointments
Matheson Ormsby Prentice (MOP) has appointed Mark O’Sullivan as head of the firm’s US offices, based in the firm’s Palo Alto office. O’Sullivan is a senior member of the firm’s tax department. Asset finance lawyer Marie O’Brien is also relocating to the US. Effective October 1st 2007, O’Brien will be based in the firm’s New York office. O’Brien focuses on asset finance, leasing, structured and cross-border financing and securitisations.

Tax partner Caitriona McGonagle returned to the firm’s Dublin office from New York in August. McGonagle had headed the firm’s US offices for the last two years. Her tax practice is primarily focussed on advising international businesses doing business in and through Ireland. MOP opened its first US office 10 years ago and was the first European law firm to establish an office in Silicon Valley.

Executive selection manager at Deloitte
Deloitte has announced the appointment of David Hannon as manager of its executive selection team. Hannon joins Deloitte from the Parc Group where he held the position of division manager for over four years. Prior to this, Hannon worked with the Professional Placement Group for over three years.

Connolly to join Merrion
Gary Connolly has left his position as investment development manager of Setanta Asset Management to join Merrion Stockbrokers as head of funds marketing in the firm’s new asset management division.

AIB CRO announces retirement
Shom Bhattacharya, AIB Group’s chief risk officer, and member of the AIB Group Executive Committee, has decided to retire at the end of this year. Bhattacharya joined AIB in 2002 from JP Morgan Private Bank in New York and will be returning to live in the USA after his retirement. Bhattacharya said, ‘I feel the time is right for me to retire. I am proud of what has been achieved and I want to thank all of the many colleagues I have worked with for their commitment and support. I have greatly enjoyed my time both in AIB and in Ireland’. AIB will begin the process to select Bhattacharya’s replacement in September and the position will be advertised internally.

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