Board Members

1 Mr. Frank Daly | Chairman
(appointed 22nd December 2009 for a 5-year term and re-appointed 22nd December 2014 for a further 5-year term)

  • Chairman of the Northern Ireland Advisory Committee (until its dissolution on 8th September 2014)

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.

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.

Mr. Frank Daly
2 Mr. Brendan McDonagh | Chief Executive
  • Board member (ex-officio)
  • Member of the Finance and Operating Committee
  • Member of the Risk Management Committee
  • Member of the Credit Committee
  • Member of the Planning Advisory Committee

Brendan McDonagh was appointed Chief Executive of NAMA by the Minister in December 2009. Prior to that, he was the Director of Finance, Technology and 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. Brendan McDonagh
3 Mr. John C. Corrigan | Board member (ex-officio)
(Mr Corrigan’s role as an ex-officio Board member ceased on 4th January 2015 following his retirement as
NTMA Chief Executive Officer).


  • Member of the Risk Management Committee (Mr Corrigan stepped down from this Committee in April 2014).

  • Member of the Planning Advisory Committee (Mr Corrigan stepped down from this Committee in April 2014).

John Corrigan was appointed Chief Executive Officer of the 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 and was the Fund’s Investment Director until his appointment as NTMA Chief Executive Officer.

Before joining the NTMA, Mr. Corrigan was Chief Investment Officer of AIB Investment Managers, having previously worked in the Department of Finance.

Mr. John C. Corrigan
4 Mr. Conor O’Kelly | Board member (ex-officio)
(Mr O’Kelly’s role as an ex-officio Board member commenced on 5th January 2015 following his appointment as NTMA Chief Executive Officer).

  • Member of the Risk Management Committee (appointed 15th January 2015)

  • Member of the Planning Advisory Committee (appointed 15th January 2015)

Conor O’Kelly was appointed Chief Executive Officer of the NTMA in January 2015. He is the former Deputy Chairman of Investec Holdings (Ireland) Ltd. Prior to that he was Chief Executive Officer of NCB Group and in 2003 successfully negotiated and led a management buyout of the firm which was subsequently acquired by Investec Plc. Before joining NCB as Head of Fixed Income, he had spent 11 years with Barclays Capital where he held senior management positions and worked in London, Tokyo and New York. He is a former director of the Irish Stock Exchange and a former member of the Trinity College Foundation Board. He is a graduate of Trinity College Dublin and holds a master’s degree from Senshu University in Japan.

Mr. Conor O’Kelly
5 Mr. Oliver Ellingham | Board member
(appointed 10th April 2013 for a 5-year term)

  • Chairman of the Risk Management Committee

  • Member of the Audit Committee

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 Ellingham Limited. 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 from October 2011 to February 2013.

Mr. Oliver Ellingham
6 Ms. Mari Hurley | Board member
(appointed 8th April 2014 for a 5-year term)

  • Chairperson of the Finance and Operating Committee

  • Member of the Planning Advisory Committee

  • Member of the Risk Management Committee

  • Member of the Credit Committee (appointed effective 1st January 2015)

Mari Hurley was appointed to the Board by the Minister on 8th April 2014. Ms. Hurley is the Chief Financial Officer of Web Reservations International. She was previously Finance Director of Sherry FitzGerald Group and also worked at Bear Stearns Bank plc. She is a Fellow of the Institute of Chartered Accountants in Ireland having trained and qualified with Arthur Andersen. Ms. Hurley has a Bachelor of Commerce degree from University College Cork. She is a Director of Ervia.

Ms. Mari Hurley
7 Mr. Brian McEnery | Board member
(initially appointed 22nd December 2009 for a 4-year term and re-appointed for a 5-year term on 22nd December 2013)

  • Chairperson of the Audit Committee

  • Member of the Credit Committee (stepped down effective from 1st January 2015)

  • Member of the Northern Ireland Advisory Committee (until its dissolution on 8th September 2014)

Brian McEnery (FCCA) specialises 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 and serves on its insolvency committee in Ireland.

Mr. Brian McEnery
8 Mr. Willie Soffe | Board member (ex-officio)
(initially appointed 22nd December 2009 for a 4-year term and re-appointed for a 5-year term on 22nd December 2013)

  • Chairperson of the Credit Committee

  • Chairperson of the Planning Advisory Committee

  • Member and interim Chairperson of the Finance and Operating Committee

  • Member of the Northern Ireland Advisory Committee (until its dissolution on 8th September 2014)

Willie 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. Willie Soffe