Hit enter to search or ESC to close
SBCI banner shape

Minister Donohoe appoints former European Investment Bank executive Marguerite McMahon to the Board of the Strategic Banking Corporation of Ireland (SBCI)

News
21 Jul 2020

21 July 2020 - The Minister for Finance, Paschal Donohoe TD, has today announced the appointment of Marguerite McMahon to the Board of the Strategic Banking Corporation of Ireland (SBCI).

Ms McMahon’s appointment takes effect immediately and will be for a five-year term.

A former senior executive with the European Investment Bank, Ms McMahon brings expertise in sustainable finance in a wide range of sectors from SMEs to large corporates, banks, Public Private Partnerships, Venture Capital, the public sector and structured finance.

Through her role as non-executive director of a number of organisations she has developed a strong interest in the ESG (environment, social and governance) sector, in innovation and in climate action, renewable energy and energy efficiency. In addition, she has spent over 20 years working in the SME sector setting strategy, developing new products, working with retail distributors and liaising with industry groups and SMEs to understand their needs.

Commenting on the appointment, Minister Donohoe said:

“I welcome the appointment of Marguerite McMahon to the Board of the SBCI. The SBCI is providing vital supports to our SMEs during the current crisis and I am sure that Marguerite McMahon, who has a wealth of experience, will be a valuable asset to the SBCI Board at this time.”

SBCI Chair Barbara Cotter said:

“I am delighted to welcome Marguerite McMahon to the Board. Her depth of experience and knowledge in the provision of promotional finance, together with her specialist expertise in financing climate action and innovation, leave her exceptionally well placed to support the delivery of the SBCI’s new five year strategy. Marguerite also brings a real understanding of the breadth of European institutions focused on supporting SMEs, which are such a valuable source of financial support to the SBCI’s activities”.

Marguerite McMahon - Biography