Finance Ireland lures BoI's Karena O’Sullivan as CFO

Appointment comes as lender eyes initial IPO as soon as next year

Bank of Ireland executive Karena O’Sullivan is to become Finance Ireland chief financial officer. Photograph: Nick Bradshaw

Bank of Ireland executive Karena O’Sullivan is to become Finance Ireland chief financial officer. Photograph: Nick Bradshaw

Finance Ireland, the State’s largest non-bank lender in the retail market, has hired senior Bank of Ireland executive Karena O’Sullivan to become its chief financial officer (CFO) as the company eyes an initial public offering (IPO) as soon as next year.

Ms O’Sullivan, an accountant by training, joined Bank of Ireland in 2005 through its then IBI Corporate Finance business before taking on a number of senior positions at the lender, including head of mortgages in the Republic. She was appointed a director of business transformation last year.

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