Management Team
Brendan McDonagh – Chief Executive Officer
Mr. 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.
The Chief Executive Officer, in conjunction with the Board, has overseen the development of NAMA from its initial inception. He has overall responsibility for the direction, management and implementation of the Agency’s wide-ranging activities in pursuit of its statutory objectives. The CEO is an ex-officio member of the Board.
Ronnie Hanna – Head of Asset Recovery
Mr. Hanna has over 30 years experience in banking. Prior to joining NAMA, he had worked in a variety of roles at Ulster Bank, Nat West and RBS, most recently as Head of Global Restructuring Group NI for Ulster Bank. He is a graduate of Queen’s University Belfast and a Fellow of the Institute of Bankers in Ireland.
The Asset Recovery Division works with debtors and receivers to enhance the effective and efficient management of loan recoveries. The Division has developed from the merger of the former divisions of Portfolio Management, Credit and Lending and Corporate Finance.
Michael Moriarty – Deputy Head of Asset Recovery
Mr. Moriarty has extensive experience in Irish banking having worked initially with the Investment Bank of Ireland Limited and IBI Corporate Finance Ltd before moving to Bank of Ireland Private Banking on its formation and subsequently becoming head of that unit. After more than 20 years in Bank of Ireland Group, he joined HOK to set up and manage HOK Investors Limited. He subsequently spent three years in the private client division of Goodbody Stockbrokers before joining NAMA in May 2010.
Dave McEvoy – Head of Treasury
Mr. McEvoy joined NAMA in August 2010. Prior to joining NAMA, Mr. McEvoy had, since 1989, worked in a variety of roles within AIB Capital Markets, including Treasury Accounting and Wholesale Treasury, where he was the Head of the Euro Fixed Income Desk and Head of the Traded Credit Desk. He is a graduate of Dublin City University, and the College of Commerce, Rathmines.
Treasury’s primary role is the management of NAMA’s Balance Sheet risks and of its liquidity requirements.
John Mulcahy – Head of Asset Management
Mr. Mulcahy is a chartered surveyor and has worked in all aspects of the property industry for over 40 years, most recently concentrating on property investment and asset management.
The Asset Management Division is responsible for working with debtors, receivers and joint venture partners so as to identify, develop and manage assets where value can be added and future cashflow enhanced.
Sean Ó’Faoláin – Head of Strategy and Communications
Mr. Ó’Faoláin has worked in a variety of roles with the National Treasury Management Agency since 1991, including management of Ireland’s foreign currency debt and the start-up phase of the State Claims Agency. He is a graduate of NUI, Galway and Trinity College, Dublin.
The Strategy and Communications Division is responsible for the ongoing evaluation and development of NAMA’s strategy to ensure continued focus on the best achievable outcome for the Agency and the taxpayer. The Division undertakes regular formal reviews of NAMA’s strategy and develops and implements new product initiatives. The Division also has overall responsibility for the Agency’s communications strategy.
Aideen O’Reilly – Head of Legal
Prior to her appointment as Head of Legal, Ms. O’Reilly had worked as Senior Legal Adviser at the National Treasury Management Agency from 2002 where she was responsible for the provision of legal services to the NTMA, the National Pensions Reserve Fund and the State Claims Agency. She is a graduate of University College Dublin and Queen’s University Belfast.
The Legal Division is an independent adviser to the Board, CEO and to NAMA business divisions across the full spectrum of legal issues that affect NAMA and its operations.
Donal Rooney – Chief Financial Officer
Mr. Rooney has a wide range of experience across various finance and commercial roles. He joined NAMA in May 2010 and has extensive experience working in NAMA’s Portfolio Management and Asset Recovery divisions.
Prior to joining NAMA, he worked initially for Arthur Andersen from 1997 until 2002 before joining KPMG where he held the position of Director in its Audit & Advisory division. He is a graduate of University College Dublin.
Areas of responsibility for the CFO division include existing business functions such as Finance, Operations, Systems, Treasury, Tax as well as Audit & Risk