Business Irish

Friday 28 April 2017

PR man adds to State agency portfolio

Ray Gordon
Ray Gordon
Donal O'Donovan

Donal O'Donovan

Dublin PR man Ray Gordon has nabbed the lucrative contract to provide public relations services to the Government on the flotation of AIB, in conjunction with London-based Citigate Dewe Rogerson.

A joint bid from Gordon MRM and Citigate Dewe Rogerson is understood to have secured the Department of Finance contract, which will run for a minimum of 18 months. The contract is likely to be worth between €100,000 and €250,000, according to tender documents.

The stock market listing of 25pc of AIB is expected as soon as June this year, but it has already been pushed back and an early election or any fresh market turmoil could well see it delayed again.

Mr Gordon, who set up Gordon MRM in 2009, has carved out a lucrative niche advising a swathe of State-linked entities in the aftermath of the financial crash. His clients already include Nama and the NTMA, which manages taxpayers' AIB holdings for the Department of Finance.

He also retained Permanent TSB as a client through its nationalisation and subsequent part-privatisation.

Mr Gordon was press officer for the Progressive Democrats from 1987 to 1992. He then spent two years as head of media relations at Irish Life before co-founding a firm in 1997 that is now part of MKC Communications.

Irish Independent

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