Dechert appoints new global funds partner in Dublin
Dechert LLP has announced the appointment of Ciara O’Leary as a partner in Dublin, its second partner hire in Ireland this year. Her appointment to the firm’s global funds practice group follows the appointment in January of Carol Widger as managing partner in Ireland. Ms O’Leary advises clients on a wide range of legal and regulatory matters, and has extensive experience establishing and operating European retail regulated funds (UCITS), exchange-traded funds (ETFs) and alternative investment funds (AIFs).
Revolut Ireland appoints new CEO
Former Ulster Bank chief administrative officer Joe Heneghan has been appointed to the helm of challenger bank Revolut’s Irish operation. Mr Heneghan will be responsible for defining and implementing the Irish business strategy, including maintaining and expanding Revolut’s offering. Prior to joining Revolut, Mr Heneghan spent 14 years at Ulster Bank in various senior roles such as head of risk management, director of customer experience and products and, most recently, chief administrative officer. He has also served as head of product management at First Active and was a marketing manager at Permanent TSB bank.
RSA Ireland hires new chief from Insurance Ireland
RSA Ireland has appointed Kevin Thompson as the new CEO after receiving Central Bank approval. He succeeds Ken Norgrove, who has been at the helm for over five years. Mr Norgrove will now take up the role of CEO of RSA Groups Scandinavian unit. Mr Thompson previously served as the CEO of Insurance Ireland. He was also the CEO of AIG Life Ireland and vice president of Multinational Group Risk Europe.
Glen Dimplex group of companies appoints new Executive Chairman
Businessman Neil Naughton has been appointed executive chairman of the Glen Dimplex group of companies founded by his father, Martin Naughton. Mr Naughton had been the deputy chairman of the electrical goods manufacturer since 2010, but it was not an executive or day-to-day management role. In recent weeks, however, he joined the business in a full-time executive capacity and has taken over as chairman from Martin McCourt, formerly of Dyson, who had been Glen Dimplex chairman in a non-executive capacity. His brother, Fergal Naughton, will continue in his role as chief executive of the group.
Ex-Aer Lingus CEO joins Datalex board
Former Aer Lingus chief executive Stephen Kavanagh is set to join travel software firm Datalex as a non-executive director. Mr Kavanagh, who stepped down from the airline’s CEO role in January, is one of three new non-executive directors joining the Datalex board within the next couple of weeks. His appointment comes as Datalex shores up its corporate governance and financial reporting structures since an accounting scandal broke at the firm earlier this year. Mr Kavanagh was appointed chief executive at Aer Lingus in 2015, just as airline group IAG started its takeover pursuit of the Irish carrier. Mr Kavanagh has remained on the board of Aer Lingus as a non-executive director. Mr Kavanagh was also recently appointed a non-executive director of aircraft leasing firm CDB Aviation, a wholly-owned subsidiary of China Development Bank Financial Leasing.