Carne makes two senior appointments to risk management team
Carne Group has made two senior appointments to its Irish governance team as part of a project to meet the demand for risk management skills from its clients.
Experienced investment professionals Albert Prendiville and Gerry Grimes are joining Carne to deliver risk management capabilities to its client base of global fund managers. Both have extensive track records within investment and risk management.
Prendiville joins Carne from Commerzbank Europe, where he was head of treasury in Ireland. Prior to this he was a senior manager with responsibility for a trading desk at KBC in Ireland. In a career of more than 25 years in capital markets, he has also worked at Dresdner Bank and Capel Cure Myers. He is familiar with a wide range of markets and instruments, including fixed income, forex, interest rate products and CDS.
Grimes is a highly experienced risk professional with over 30 years of experience in financial markets, including as the founder and managing director of the EUR1.5bn alternative investments business at Allied Irish Capital Management, where he oversaw a team of investment managers. Grimes also worked at the Central Bank of Ireland where he held a number of senior roles, including head of money markets and head of official external reserves management. In addition, he served as deputy chairman of AIMA.
John Donohoe (pictured), chief executive at Carne Group, says: “We're very excited to add Albert and Gerry to our market-leading governance team here in Ireland. Their considerable experience in financial markets and risk management will help us to provide additional risk management expertise to complement our existing governance and oversight solutions. It is important that a solution such as this is overseen by professionals who have the investment experience required by the Alternative Investment Fund Managers (AIFMD) directive.”
- By Category
- News from other sites
- Special Reports
- Partner events