Skip to content

Management Team

John Corrigan
Chief Executive

John Corrigan was appointed Chief Executive of the NTMA in December 2009. He joined the NTMA in 1991 shortly after its establishment as Director of Domestic Funding and Debt Management. He led the establishment of the National Pensions Reserve Fund and was the Fund’s Investment Director from 2001 until his appointment as Chief Executive. He is a director of the Irish Stock Exchange. Before joining the NTMA he was Chief Investment Officer of AIB Investment Managers, having previously worked in the Department of Finance. He is a graduate of University College Dublin.

John Corrigan

John Corrigan

 

Ian Black 
Director, Finance, Technology and Risk

Ian Black joined the NTMA in 2013 as Director of Finance, Technology and Risk. Prior to joining the NTMA, he was an Executive Director (CFO/COO) of KBC Bank Ireland with responsibility for Finance, Operations & IT, and Treasury-ALM. He has worked in the financial services industry since 1988. He is a Chartered Accountant, member of the UK Association of Corporate Treasurers, member of the Irish Tax Institute and holds an MBA from Dublin City University.

 

Ian Black

Ian Black

Ciarán Breen
Director, State Claims Agency

Ciarán Breen was appointed Director of the State Claims Agency (SCA) in 2007. He joined the NTMA in 2001 when he was appointed Head of Claims at the SCA. Prior to joining the NTMA, he held the position of Managing Director of a leading nationwide firm of insurance liability adjusters. He is a graduate of Maynooth College and the Honorable Society of King’s Inn.

Ciarán Breen

Ciarán Breen

 

Des Carville
Head of Banking (on secondment to Department of Finance)

Des Carville joined the NTMA in November 2013 as Head of Banking. He is on secondment to the Department of Finance where he is Head of the Shareholding Management Unit with responsibility for the completion of the restructuring of the banking system and managing the State’s shareholding in the banks and disposals thereof. Prior to joining the NTMA he worked for Davy Corporate Finance from 1998, becoming a director in 2001 and was involved in a wide range of public and private company transactions. He is a member of Chartered Accountants Ireland (FCA), having trained with KPMG from 1994 to 1998, and the Institute of Bankers. He holds a BSc (mgt) from TCD.

 

Des Carville

Des Carville

Eileen Fitzpatrick
Director, NewERA

Eileen Fitzpatrick was appointed Director of NewERA in September 2011. She joined the NTMA in 2006 as Director with responsibility for Alternative Asset Investments within the National Pensions Reserve Fund. She was previously Chief Executive of AIB Investment Managers and has worked in the financial services industry since 1987. She has extensive capital markets experience and has held a number of senior roles in both the asset management and stockbroking industries. She is a graduate of University College Dublin where she completed a PhD in Science in 1986.

 

Eileen Fitzpatrick

Eileen Fitzpatrick

Brendan McDonagh
Director, NTMA and Chief Executive, National Asset Management Agency

Brendan McDonagh was appointed Chief Executive Officer of the National Asset Management Agency by the Minister for Finance in December 2009. Prior to that, he was the Director of Finance, Technology and Risk at the NTMA from 2002 until 2009 and held the post of NTMA Financial Controller from 1998 to 2002. He joined the NTMA in 1994 from the ESB, Ireland’s largest power utility, where he worked in a number of areas including accounting, internal audit and treasury.

 

Brendan McDonagh

Brendan McDonagh

Brian Murphy
Director, NTMA and Chief Executive, National Development Finance Agency

Brian Murphy is a Director of the NTMA and was appointed Chief Executive of the National Development Finance Agency in January 2009. He has held a number of senior positions in the financial services industry prior to joining the NTMA in 2007. His career to date has included various positions with Citibank, both in Ireland and the Middle East, and assignments with ABN Amro Bank as CEO in Sweden/Finland (1995-1999) and as ABN Amro Group CEO in Ireland. His range of experience covers credit, project finance, corporate finance/M&A and capital markets/treasury. He is a commerce graduate of University College Dublin.

 

Brian Murphy

Brian Murphy

Eugene O’Callaghan
Director, National Pensions Reserve Fund

Eugene O’Callaghan was appointed Director of the National Pensions Reserve Fund (NPRF) in April 2010, having previously been Head of the Investment Manager Programme, with responsibility for the NPRF’s investments in public markets across all asset classes. He joined the NTMA in 2005 from Irish Life Investment Managers where he had been an Executive Director and Chief Operating Officer and had worked for fifteen years in a variety of investment management and business management roles. Prior to that he lived in New Zealand for five years where he worked in an investment bank and in a major accounting firm. He is a Chartered Accountant and is a commerce graduate of University College Dublin.

 

Eugene O'Callaghan

Eugene O'Callaghan

Andrew O’Flanagan
Head of Legal, Control and Compliance

Andrew O’Flanagan joined the NTMA in 2011 as Head of Legal, Control and Compliance. Prior to that, he was Head of Legal at ESB and Chief Legal Officer of Bord Gáis Éireann and also worked in New York and London as a corporate lawyer with the Wall Street law firm Davis Polk & Wardwell. A graduate of NUI Galway and Yale Law School, he is admitted to practice in Ireland and New York.

Andrew O'Flanagan

Andrew O'Flanagan

Oliver Whelan
Director, Funding and Debt Management

Oliver Whelan was appointed Director of Funding and Debt Management at the NTMA in 2003. He joined the NTMA in 1991 and initially worked in the areas of risk management and portfolio benchmarking. He joined the funding desk in 1999 where he served as Deputy Director from 2001 until his appointment as Director in 2003. Before joining the NTMA, he worked in the Department of Finance with responsibilities mainly in the areas of debt management, monetary policy and international financial relations. He is a graduate of University College Dublin.

 

Oliver Whelan

Oliver Whelan