Agency Members

Maeve Carton  | Chairperson  (reappointed as a member for a 5 year term from 22 December 2017 and appointed as Chairperson from 1 January 2019)
  • Member of the Remuneration Committee

Maeve Carton is a former Director of CRH where she held a number of senior roles, including Group Transformation Director and Finance Director. Prior to joining CRH, she worked for a number of years as a chartered accountant in an international accountancy practice.

Maeve Carton

Gerardine Jones  | Agency member  (appointed for a 5 year term from 8 March 2017)
  • Member of the Investment Committee

Gerardine Jones is a chartered accountant with over 30 years business and senior leadership experience. She is currently a Director of Sharpsburg Consultants Limited and also has a number of non-executive director roles, including with BNY Mellon Fund Services (Ireland) DAC, and ITG Limited. She was previously Deputy Chief Executive and Head of Risk at Cantor Fitzgerald Ireland, and Director of Listing at the Irish Stock Exchange.

Gerardine Jones

Derek Moran  | Agency member  (ex officio)
  • Member of the State Claims Agency Strategy Committee

Derek Moran is Secretary General of the Department of Finance and is responsible for economic, budgetary and fiscal, banking and financial services policy matters and oversight of Ireland’s investments in and support for covered banks. He is a member of the Central Bank Commission and the Civil Service Management Board and is a council member of the Foundation for Fiscal Studies.

Derek Moran

Martin Murphy  | Agency member  (reappointed for a 5 year term from 22 December 2018)
  • Chairperson of the Audit and Risk Committee
  • Member of the Remuneration Committee

Martin is a former Managing Director and Chairman of Hewlett Packard Enterprise Ireland. He serves as a board member of Ulster Bank and the UCD Smurfit Business School. He is also chair of the Labour Market Council, an expert group that advises the Government on labour market policy and provides input on wider employment issues. He is a past President of the Dublin Chamber of Commerce.

Martin Murphy

Conor O’Kelly  | Agency member  (ex officio)

Conor O’Kelly was appointed Chief Executive of the NTMA in January 2015. He is the former Deputy Chairman of Investec Holdings (Ireland) Ltd. Prior to that he was Chief Executive of NCB Group and in 2003 successfully negotiated and led a management buyout of the firm, which was subsequently acquired by Investec Plc. Before joining NCB as Head of Fixed Income he had spent 11 years with Barclays Capital where he held senior management positions and worked in London, Tokyo and New York. He is a former director of the Irish Stock Exchange and a former member of the Trinity College Foundation Board. He is a graduate of Trinity College Dublin and holds a master’s degree from Senshu University in Japan.

Conor O’Kelly

Mary Walsh  | Agency member  (appointed for a 5 year term from 22 December 2014)
  • Chairperson of the State Claims Agency Strategy Committee
  • Member of the Audit and Risk Committee

Mary Walsh is a Chartered Accountant and a former international tax partner in PricewaterhouseCoopers in Dublin. She acts as an independent non-executive director on a number of private sector and not for profit boards. She has held a number of public sector positions in Ireland and in the EU.

Mary Walsh

Robert Watt  | Agency member  (ex officio)
  • Member of the Remuneration Committee

Robert Watt is Secretary General of the Department of Public Expenditure and Reform with responsibility for public expenditure policy, capital spending and Public Private Partnerships and overall management and reform of the Irish public service. He is an economist and has experience in both the public and private secto

Robert Watt

Susan Webb  | Agency member  (reappointed for a 5 year term from 22 December 2018)
  • Chairperson of the Investment Committee
  • Member of the Audit and Risk Committee

Susan Webb is a former Managing Director of Pfizer’s international treasury centre based in Dublin. She is an independent non-executive director of Wells Fargo Bank International Unlimited Company and of Depfa Bank plc.

Susan Webb


There is currently one vacancy on the Agency.