Ireland’s National Asset Management Agency has three positions to fill after being hit by a spate of resignations.
Selina Dicker, team leader, lending and corporate finance; Ronan Fox, senior asset manager; and Ed Cook, portfolio asset manager, have all left the so-called bad bank.
Dicker, who had been at the firm for two years before her departure in August, reported to Nama’s head of asset recovery, Ronnie Hanna, and was involved in the agency’s plans to sell non-performing loan portfolios.
She had previously worked at Capmark, overseeing origination and structuring of commercial real estate financing projects.
Dicker’s departure follows that of Nama’s former head of lending, Graham Emmett, in January. The pair had worked closely together at Nama.
Fox had only been at the firm six months after joining from Standard & Poor’s in April this year. It is understood he is joining the Abu Dhabi Investment Authority.
The departures come as the Financial Times reports that Nama is suing a former employee who it alleges removed confidential information and breached internal procedures by failing to disclose that he purchased a property on its books.
According to the FT, lawyers for Nama told the high court in Dublin on Wednesday they had obtained orders directing Enda Farrell, a former portfolio manager, and his wife Alice Kramer, to deliver all confidential material related to the agency.
bridget.oconnell@estatesgazette.com