Sunday 17 December 2017

Big players on the move as new opportunities arise

A surprising number of people are returning home to Ireland, despite the slump in the domestic economy.

One of them is Peter Corrigan, who is leaving London to become MasterCard's head of relationship management back in Dublin.

The Glasnevin man returns at a difficult time for all credit companies and will run MasterCard's business here.

Mr Corrigan has probably seen it all before, with over 30 years' experience working in the card payments industry with Mastercard and Ulster Bank in Ireland, Belgium and the UK.

His main focus will be to spearhead the introduction of innovative ways of paying for products through new cards as well as mobile phones and the like.

Pole position

THE Insurance Institute of Ireland recently named Eamon Shackleton as chief executive -- a promotion from his previous position as chief operating officer.

The distant relation of the famous explorer will guide the institute as it tries to bolster its education and development section.

The barrister has a strong interest in music and has a masters in ethnomusicology from the Open University and is a former executive at the Irish Music Rights Organisation.

The 63-year-old father of two takes over the 14,000-member institute at an interesting moment, when the financial services sector is under unprecedented scrutiny.

His main priority is to move the institute away from an emphasis on statutory compliance towards meaningful professional development.

Meade makes move

PAUL Meade, the experienced agriculture analyst at NCB Stockbrokers, has recently changed employer and profession once again. Mr Meade was once the business editor of the 'Farmers' Journal' but moved into stockbroking in September 1999 when he joined NCB.

He is now moving to Swiss-based Aryzta, where he will act as a spokesman for the company, which was formed in 2008 through the merger of IAWS and Switzerland's Hiestand. A former agricultural science graduate, he also worked in the Department of Agriculture.

Wealth managers

MERRILL Lynch Wealth Management unit has appointed John Flavin and Keith Ryan as financial advisers to provide wealth and investment advice to those Irish people clever enough to hold on to their wealth.

Mr Flavin, a graduate of St Michael's on Ailesbury Road and TCD, joins from Bank of Ireland's private banking business. He is probably best known as the long-serving manager of Luttrellstown Castle, which was host to the marriage of Posh and Becks while he was in charge.

Mr Ryan worked with Covestone Asset Management and Goldman Sachs. Both men will be based in Dublin and will report to Adam Horowitz, head of UK, Ireland and Israel wealth management unit.

Irish Independent

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