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.
John Collison – Chief Commercial Officer
Mr. Collison has more than 20 years’ experience in the banking industry. Prior to joining NAMA in February 2011, he worked in a variety of business development and credit risk management roles, initially in AIB and First Active. He also worked in Ulster Bank in Dublin for 6 years mainly in Real Estate Finance and Corporate Banking and latterly as Head of European Property Finance. He holds a MBA from Manchester Business School.
As Chief Commercial Officer, Mr. Collison has responsibility for three business units in NAMA: Residential Delivery; Asset Recovery; and Asset Management.
These divisions are responsible for the intensive management and phased deleveraging of assets securing NAMA’s loans. They work closely with debtors, receivers and joint venture partners so as to identify, develop and manage secured assets and investments where value can be added and future cashflow enhanced, thus supporting the achievement of NAMA's wider strategic objectives. In this context, they facilitate new residential and commercial development where commercially viable.
Jamie Bourke – Chief Strategy and Transformation Officer
Mr. Bourke has worked in a variety of roles within the National Asset Management Agency and has extensive economic, financial and banking experience. Prior to joining NAMA in 2009, he worked for the NTMA and Citibank. He is a graduate of Trinity College, Dublin and Dublin City University.
The Transformation, Strategy & Communications division is responsible for the ongoing evaluation and development of NAMA’s strategy to ensure that it remains appropriate in the context of NAMA’s objectives. In this regard, the division will oversee the implementation of NAMA's wind down strategy as the Agency progresses towards dissolution. The division has overall responsibility for the Agency’s communications and public affairs activity.
Alan Stewart – Chief Legal Officer
Mr Stewart is a Solicitor and a graduate of Trinity College Dublin. Mr. Stewart trained and worked for a number of years in practice with Matheson Ormsby Prentice (now Matheson) in Dublin. He then worked as a legal adviser with a large Australian law firm, before taking up a role as an in house solicitor with ACC Bank plc. In 2010, Mr. Stewart joined NAMA as an in house legal adviser.
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.
Noelle Condon - Chief Financial Officer
Ms. Condon is a Fellow Chartered accountant with over 20 years experience in banking and real estate. A graduate of University College Dublin, she trained with KPMG prior to holding roles in Finance and Regulatory Affairs with KBC Bank Ireland. Ms. Condon joined NAMA as Head of Finance in 2015 and is experienced in all areas of the Chief Financial Officer Division.
The CFO Division has wide ranging administrative and strategic responsibilities, and incorporates the Finance, Systems, Operations and Audit & Risk functions.