Board Members

Mr. Frank Daly
Chairman (appointed 22 December 2009 for a 5-year term)

Frank Daly was appointed as a Public Interest Director of Anglo Irish Bank in December 2008. He resigned from this post on 22nd December 2009 when appointed Chairman of NAMA by the Minister for Finance. Mr Daly retired as Chairman of the Revenue Commissioners in March 2008 having been Chairman since 2002 and a Commissioner since 1996. He had joined Revenue in 1963. In March 2008, Mr Daly was appointed Chairman of the Commission on Taxation which was set up to review the structure and efficiency of the Irish taxation system; the Commission issued its Report in September 2009.

Mr. John C. Corrigan
Board member (ex-officio)

Member of the Risk Management Committee

John Corrigan was appointed Chief Executive of the National Treasury Management Agency (NTMA) in December 2009. He joined the NTMA in 1991 shortly after its establishment and was initially responsible for managing the domestic component of Ireland’s National Debt. In 2001, Mr. Corrigan was involved in the establishment of the National Pensions Reserve Fund (NPRF) and was the Fund’s Investment Director until his appointment as NTMA Chief Executive. Before joining the NTMA, Mr. Corrigan was Chief Investment Officer of AIB Investment Managers, having previously worked in the Department of Finance.

Ms. Eilish Finan
Board member (appointed 22 December 2009 for a 4-year term)

Chairperson of the Finance and Operating Committee
Member of the Audit Committee
Member of the Northern Ireland Advisory Committee

Eilish Finan is an Independent Director and Consultant and specialises in the financial services and property sectors. In her earlier career, Ms. Finan worked with KPMG as a chartered accountant. She was Chief Financial Officer and Director of AIG Investments specialising in investment management, fund management, trustee and custodial services, property investment and asset management. Ms. Finan is a Fellow of Chartered Accountants Ireland and a Board member of the Corporate Governance Association of Ireland.

Mr. Brendan McDonagh
Chief Executive

Board member (ex-officio)
Member of the Finance and Operating Committee
Member of the Risk Committee
Member of the Credit Committee
Member of the Planning Advisory Committee

Brendan McDonagh was appointed Chief Executive Officer of NAMA by the Minister for Finance in December 2009. Prior to that, he was the Director of Finance, Technology & Risk at the NTMA from 2002 until 2009 and held the post of NTMA Financial Controller from 1998 to 2002. Mr. McDonagh joined the NTMA in 1994 from the ESB, Ireland’s largest power utility, where he worked in a number of areas including accounting, internal audit and treasury.

Mr. Brian McEnery
Board member (appointed 22 December 2009 for a 4-year term)

Chairperson of the Audit Committee
Member of the Northern Ireland Advisory Committee

Brian McEnery (FCCA) specializes in corporate rescue and insolvency and is a partner in a leading firm of accountants and business advisors and practices in Limerick and Dublin. He is a Fellow of the Association of Chartered Certified Accountants (ACCA) and a council member of ACCA. In 2010 he was the President of ACCA Ireland. He is a director of the Consultative Committee of Accounting Bodies (CCAB) and serves on its insolvency committee in Ireland.

Mr. John F. Mulcahy
Board member (appointed 7 March 2012 for a 5-year term)

Member of the Finance and Operating Committee
Member of the Risk Committee
Member of the Credit Committee
Member of the Planning Advisory Committee

John Mulcahy was appointed Head of Portfolio Management of the National Asset Management Agency in March 2010 and subsequently Head of Asset Management in March 2012. Prior to that he was Chairman and CEO of Jones Lang LaSalle Ireland. He is a Chartered Surveyor and a member of the Property Advisory Committee of the National Pensions Reserve Fund.

Dr. Steven A. Seelig
Board member (appointed 26 May 2010 for a 3-year term)

Chairperson of the Risk Management Committee
Member of the Audit Committee

Dr. Steven A. Seelig is a Principal and CEO of Financial Stability Associates, a consulting firm specializing in the spectrum of financial stability issues. Prior to establishing Financial Stability Associates, Dr. Seelig served as Advisor in the Monetary and Capital Markets Department of the International Monetary Fund (IMF) where he had primary responsibility for the financial sector restructuring and resolution activities of the department. Dr. Seelig spent the bulk of his professional career at the Federal Deposit Insurance Corporation (FDIC), holding a broad range of positions, including Chief Financial Officer. Mr. Seelig also worked as an Economist at the Federal Reserve Bank of New York and as an Associate Professor of Economics at Fordham University.

Mr. William Soffe
Board member (appointed 22 December 2009 for a 4-year term)

Chairperson of the Planning Advisory Committee
Member of the Finance and Operating Committee

William Soffe has over 45 years service in Local Government in the Dublin area, during which time he has held the positions of Assistant City Manager, Dublin Corporation (now Dublin City Council) and County Manager, Fingal County Council. Since retiring in 2004, Mr. Soffe has carried out a number of public service assignments including Chairman of the Dublin Transport Office, a member of the Commission on Taxation and a member of the Steering Group on the Review of Area-Based Tax Incentive Renewal Schemes.

Mr. Oliver Ellingham
Board member (appointed 10 April 2013 for a 5-year term)

Oliver Ellingham is a chartered accountant and a former Head of Corporate Finance (Europe) at BNP Paribas and a senior executive within BNP Paribas UK. He currently holds non-executive directorships in a number of companies and is Chairman and owner of Woking Storage Solutions. He previously also held senior management roles within Charterhouse Bank (now part of the HSBC Group) and Robert Fleming (now J P Morgan) and served as a member of the Board of IBRC between October 2011 and February 2013.