Pictured: David Byrne, Managing Director, Lisney
This week sees new appointments announced at Lisney, Davy, and Hibernia.
David Byrne, Managing Director
David has 20 years’ experience in the domestic and international property sector. He joined Lisney in 2001 and, as a Director in the firm’s residential department since 2014, he has overseen the strategic growth within that department over the last number of years.
David’s long tenure with Lisney means he has a thorough insight into the operation of the business, across all service lines. He has been involved in the strategic formation of the firm since his appointment as a Director.
David is taking over the role as Managing Director from Duncan Lyster, who is joining Irish Life Investment Managers in a senior role.
Duncan says: “It has been an honour and a privilege to lead Lisney for the past four years and I’m pleased to be in a position to leave the business in the safe hands of David and the wider team. I have no doubt that they will continue to build on Lisney’s success in the coming years. I’m looking forward to a new challenge.”
Speaking about his appointment, David Byrne said the following: “I am delighted to be appointed Managing Director of Lisney and wish to thank Duncan for his outstanding contribution to Lisney’s success story to date.
“While there are a number of economic factors to consider both domestically and internationally, we have great confidence in the Irish property market and I’m very much looking forward to further growing and developing the company to take advantage of the significant opportunities that exist for the benefit of our clients.”
He continued: “At Lisney we never lose sight of why we are here – to provide our clients with clear thinking and advice and this will continue to be at the heart of everything we do.”
Donough Kilmurray, Chief Investment Officer
Donough Kilmurray has been appointed Chief Investment Officer of the wealth management division at Davy, Ireland’s leading provider of wealth management services. He joins from Goldman Sachs in London where he headed that firm’s Investment Strategy Group.
Donough will have overall responsibility for Davy’s wealth management portfolios, encompassing asset allocation, manager selection and portfolio construction.
He joined Goldman Sachs in New York in 2000, working in investment research and strategy. He moved to London in 2002 and became a Managing Director in 2008.
He earned a PhD in Mathematics and a MS in Finance from the University of Illinois at Urbana-Champaign in 2000, and graduated from University College Dublin with a MSc in Mathematics in 1993.
Donough is the latest in a series of senior hires at Davy, including Bernard Byrne as Head of Capital Markets, Caitríona O’Kelly (ex Deutsche Bank UK) as Chief Financial Officer and Orla Graham (Ex Deloitte) as Chief People Officer. In 2018, Cathal Sheridan joined as Chief Operating Officer (from PaddyPower Betfair).
Margaret Fleming, Non-Executive Director
Hibernia REIT plc
Margaret is a Chartered Surveyor with over 30 years’ experience in the Irish property market. Until recently she was International Director, Capital Markets at JLL Ireland. She will join the Nominations Committee and the Investment and Development Executive Committees.