Former banker, journalist and political adviser Michael Murray, who previously worked in the cabinet of Ireland’s former EU commissioner Charlie McCreevy, has been appointed a portfolio asset manager at the National Asset Management Agency (Nama).

One of 25-30 staff within the portfolio management section at Nama, Mr Murray will work with the agency’s head of portfolio management, John Mulcahy, the former chairman of estate agents Jones Lang LaSalle. Among his tasks will be management of Nama loan portfolios.