IRELAND - Eugene O'Callaghan, current head of the investment manager programme at the National Pensions Reserve Fund, has just been named as the new investment director of Ireland's sovereign pension fund.

O'Callaghan will step into the role left by John Corrigan, chief executive of the NPRF, when he was appointed in November last year. (See earlier IPE story: NPRF's Corrigan named head of NTMA)

At the same time, Brendan Murphy has been appointed as finance director of the National Treasury Management Association - the body which, among other things,  manages Ireland's debt, oversees the management of the NPRF and looks after the Irish ‘bad bank' or National Asset Management Agency (NAMA).

Murphy is currently group treasurer at Ireland's Electricity Supply Board (ESB), and held a number of roles in the ESB Group prior to that.  Brendan is a Chartered Accountant and a Member of the UK Association of Corporate Treasurers.  He is currently President of the Irish Association of Corporate Treasurers.

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