Bank of Ireland appoints new Head of Global Specialised Finance

Bank of Ireland today (14 June 2007) announced the appointment of Adrian Sainsbury as Head of Global Specialised Finance. Adrian will be based in London and will have responsibility for the Bank?s specialised lending and UK corporate activities including asset based lending, media finance, healthcare, shipping and general UK Corporate business.

Adrian has extensive knowledge of the UK corporate banking market. He joins Bank of Ireland from Royal Bank of Scotland (RBS) where he was Managing Director of Domestic Banking Services within UK Corporate Banking and a member of the UK Corporate Banking Board. Prior to that Adrian was Head of the Business Banking Debt Products Team at Barclays. He has also been Managing Director of the invoice finance divisions of both Barclays and RBS. During 2005-6 Adrian held the position of Chairman of the Factors & Discounters Association, the industry body for invoice finance and asset based lending markets in the UK and Ireland.

Tom Hayes, Chief Executive, Bank of Ireland Corporate Banking said: "We are delighted to announce the appointment of Adrian as Head of Global Specialised Finance. His expertise and experience will be invaluable to the team as we further develop our portfolio of niche skill-based activities internationally. A key element of Adrian?s role will involve driving the further expansion of our sector focus as well as working closely with our other niche based businesses - Acquisition Finance, Project Finance and Property. We continue to build on our recent successes and we are now well placed to deliver on our ambitious growth plans both in the UK and internationally.

Bank of Ireland has recently been Mandated Lead Arranger on a number of high profile financing deals in the UK including; Boosey & Hawkes, MFI, Royal Worchester & Spode, Nuaire, Cambridge Waste and BAA.

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