Tuesday 26 September 2017

Pepper Ireland names new CEO

Pepper's Paul Doddrell
Pepper's Paul Doddrell

Gretchen Friemann

Pepper Ireland has appointed Cormac Ryan, formerly of Ulster Bank, as chief executive of the Sydney-headquartered firm's Irish division.

The reshuffle comes as the company's current boss, Paul Doddrell, plans to relocate to Canada to lead a push into the North American market.

Global buyout firm KKR is in the midst of acquiring Pepper, which provides lending, advisory and asset services, after it mounted a A$656m bid for the non-bank lender earlier this year.

The takeover is on course to conclude in November.

Mr Ryan assumes the reins in October and will oversee Pepper Ireland's 400-strong workforce in Dublin and Shannon. Mr Ryan has worked in the financial services industry for over two decades and held senior roles in a number of banks, most recently at Ulster Bank where he worked as programme director in its workout unit.

Prior to that he held senior roles in UBS' wealth management division and Accenture Capital Markets in the UK.

Irish Independent

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