CBRE brings in former RBS executive as MD
Former Royal Bank of Scotland banker Myles Clarke has been appointed as CBRE Ireland's new managing director.
CBRE staff in Dublin were informed of the appointment in recent days.
Senior local personnel, including Johnny Horgan, executive director of capital markets at CBRE Ireland, Marie Hunt, executive director and head of research and Paddy Conlon, executive director, A&T occupier services at the Irish arm of the world's largest commercial real estate services firm, had been widely tipped as front runners for the managing director role.
Mr Clarke will join CBRE in mid-November. The Dubliner read economics at Trinity College Dublin and attained an MSc in Economics at the London School of Economics.
Mr Clarke served as COO of RBS Investment Bank in London. Other roles he held at RBS included head global syndicate and co-head European syndicate, RBS Markets & Banking.
Since leaving RBS in 2016, Mr Clarke has relocated back to Ireland with his family and has taken a sabbatical to focus on several projects in the areas of finance, real estate and technology as well as volunteering initiatives.
Late on Friday evening, CBRE staff in Dublin were informed that Mr Clarke's sabbatical included advising on a blockchain real estate coin offering in the US, advising on the launch of an Irish real estate fund and also mentoring and teaching economics and finance to disadvantaged young people.