Board Members

Conor O’Kelly

Chairperson (appointed for a three year term from March 2015)
Conor O’Kelly is Chief Executive of the NTMA. He is the former Deputy Chairman of Investec Holdings (Ireland) Ltd. Prior to that he was Chief Executive of NCB Group which was subsequently acquired by Investec plc. Before joining NCB as Head of Fixed Income he spent 11 years with Barclays Capital where he held a number of senior management positions.


Nick Ashmore

Board member (ex officio member)
Nick Ashmore is Chief Executive Officer of the SBCI. Prior to taking up this role he served as Project Director during the SBCI’s establishment phase. Nick joined the NTMA in 2006 as part of the team managing the National Pensions Reserve Fund, where he served as Head of Private Equity and Infrastructure before becoming Deputy Director in 2011. Before joining the NTMA, Nick was an investment manager with Greenaap Consultants Limited, a private family office. He is a graduate of the University of Aberdeen and a member of the Scottish Institute of Chartered Accountants.


Barbara Cotter

Board member (appointed March 2015 for a four year term)
Barbara Cotter was a Partner at A&L Goodbody for over 20 years. During her time as a banking lawyer, Barbara supported Irish SMEs and advised lenders and investors to the SME community. She is a graduate of University College Dublin and is a member of the Solicitors’ Disciplinary Tribunal.


Tom McAleese

Board member (appointed March 2015 for a four year term)
Tom McAleese is a Managing Director of Alvarez & Marsal, UK and Head of the Bank Restructuring practice in Europe with over 25 years’ experience in financial services. Prior to joining Alvarez and Marsal, he was Managing Director for five years at Barclays Bank Ireland plc. He previously worked with ABN AMRO Bank where he held a number of senior positions and with GPA Group plc and KPMG. Tom is a Fellow of the Institute of Chartered Accountants, a Fellow of the Institute of Bankers and a Member of the American Institute of Certified Public Accountants. He is currently President of the Trinity Business Alumni and audit chair of the Dublin Chamber of Commerce.


Rosheen McGuckian

Board member (appointed March 2015 for a five year term)
Rosheen McGuckian is Group Chief Executive Officer of NTR plc. She has extensive senior executive experience in both private sector and public sector in, Greenstar, GE Capital and ESB. She is a graduate of Trinity College Dublin and holds a PhD from Dublin City University.


AJ Noonan

Board member (appointed March 2015 for a four year term)
AJ Noonan is a founder and Managing Director of Rhonellen Developments. He was previously founder and Managing Director of Noonan Recruitment and Professional Placement Group. AJ was Chairperson of the Small Firms Association from 2013 to 2016 and remains a member of the National Council. He is a graduate of the Dublin Institute of Technology.


Richard Pelly

Board member (appointed March 2015 for a five year term)
Richard Pelly is the former Chief Executive of the European Investment Fund. He was previously a member of the GE Capital European management team and a Managing Director at Lloyds TSB. He is a graduate of Durham University and a member of the Institute of Bankers.


Eilis Quinlan

Board member (appointed March 2015 for a five year term)
Eilis Quinlan has run her own accountancy and audit practice for the last 20 years. She currently serves as Director of the Irish Small and Medium Enterprise Association and previously served as Chairperson. Since 2011 Eilis has been the Irish representative to the Association of Chartered Certified Accountants Global Forum for SMEs. She also represents the ACCA on FEE, the Federation of European Accountants in Brussels. Eilis is a graduate of Griffith College Dublin and is a Fellow of the ACCA.


There is currently one vacancy on the Board.