LECTURERS
PROGRAMME DIRECTOR
DR MARGARET CULLEN
Dr. Margaret Cullen is a specialist in the areas of corporate and investment fund governance. She holds
a BA in Economics from University College Dublin, an MSc in Investment and Treasury from Dublin
City University and a PhD in corporate governance from University College Dublin. Her doctoral
research explored the role and effectiveness of boards of directors in investment fund governance.
Prior to completing her doctoral research, Margaret worked for 12 years in the financial services
industry. She has held senior positions at ABN AMRO International Financial Services Company, the
Central Bank, JP Morgan Bank Ireland plc and RBC Dexia Investor Services Ireland Limited where she
gained significant experience in the areas of treasury management, investment fund regulation,
compliance and risk management.
She lectures on corporate governance and ethics for the Institute of Banking on the Executive Masters
in Risk Management and the Graduate Diploma in Financial Services programmes and delivers the
Bank Governance module on the Certified Bank Director programme. She also lectures on the
Professional Diploma in corporate Governance for the UCD Centre for Corporate Governance in the
areas of executive remuneration and behavioural aspects of boards and on the UCD Graduate Business
School’s MSc in Finance in the areas of regulation, corporate governance and ethics. She is also
Programme Director for the Certified Investment Fund Director Programme and lectures on the
programme in the area of investment fund governance.
In 2009 she carried out independent research on behalf of the Irish Stock Exchange and the Irish
Association of Investment Managers, on compliance by Irish listed companies with the Combined Code
(now the UK Corporate Governance Code). The recommendations contained in the final report led to
the publication by the Irish Stock Exchange of the Irish Corporate Governance Annex as an
accompaniment to their Listing Rules. She represented the Centre for Corporate Governance on a
Consultative Committee that prepared a Code of Best Practice for Governance Assessment in Ireland
(Swift 3000) and was part of the committee’s editorial team. Margaret is a former director of the
Corporate Governance Association of Ireland. She currently sits on the board of the Qualifications and
Quality Authority of Ireland and chairs the audit committee.
THE FACULTY
PROFESSOR EAMONN WALSH
Eamonn is PwC Professor of Accounting at UCD. He has served as Dean of the Smurfit School of
Business and Chairman of the Accounting Department. His primary research, teaching and consulting
interests are in the areas of financial analysis, equity valuation and US securities markets. A co-author
of three books, his research has been published in Accounting Organisations and Society, the Journal
of Business Finance and Accounting and the Journal of Accounting Auditing and Finance. He was the
founding editor of European Accounting and served as associate editor of the Journal of Accounting
Auditing and Finance.
Prior to joining UCD, he held faculty positions at the London School of Economics and New York
University. Visiting appointments have included UC Berkeley and Peking University. A consultant to a
number of leading European, US and Asian corporations, he has also completed assignments with
governmental organisations, the International Monetary Fund and the United Nations. He was the
inaugural recipient of the Institute of Chartered Accountants Excellence in Education Award and has
been a presenter at the World Economic Forum.
MS. OONAGH CARROLL
Oonagh Carroll joined PwC in 2011 as a Director in the PwC Banking Team, leading a specialist team
providing credit risk advice and services to Banks and other clients. Oonagh holds a BA in Accounting
& Finance from Dublin City University, an MSc in Risk Management from University College Dublin and
is a Chartered Accountant.
Prior to joining PwC Oonagh worked with the Ulster Bank Group for 13 years. Oonagh was Head of
Strategic Credit Analysis within Credit Risk function with key focus areas such as loss provision
reporting and forecasting, development and provision of credit management information, validation of
credit risk capital, credit capital forecasting, credit quality assurance and Basel wholesale credit models.
She also worked in Retail Banking ROI and in Lombard Ireland, in business information & analysis and
finance roles.
Oonagh trained as a Chartered Accountant with KPMG and was an audit manager there. Oonagh
delivers the Credit Risk module on the Executive Masters in Risk Management for the School of
Professional Finance.
MS. MAIREAD DEVINE
Máiréad Devine is the Head of Governance, Accounting and Auditing Policy Division in the Central
Bank of Ireland. In this role Máiréad has responsibility for the development of policy in corporate and
internal governance and also policy aspects of the recently introduced Fitness and Probity regime.
Máiréad was previously a Director in the PwC Regulatory Advisory Services team where she
specialised in the provision of prudential, governance, risk management and compliance services
across the financial services spectrum.
Máiréad previously worked as a prudential specialist with PwC UK in the Financial Services Regulatory
Practice. Prior to that she was a Manager in the Regulatory Policy Division at the Bank of England,
where she represented the Bank in negotiating aspects of Basel 2 (notably in the areas of disclosure,
aspects of credit risk and accounting policy). She started her career as an Economist in the Economic
Analysis and Research Department of the Central Bank of Ireland.
PROFESSOR BRIAN O’KELLY
Professor Brian O’Kelly is Adjunct Professor of Finance at Dublin City University and Programme
Director of its MSc in Investment, Treasury and Banking. He has engineering and MBA degrees from
UCD, and MSc in Investment and Treasury and PhD degrees from DCU. His PhD thesis was on the
valuation of Collateralised Debt Obligations (CDO).
Brian has worked in the financial markets for over twenty years. His early experience was of commodity
price hedging for ESB. Later, he worked in corporate banking and risk management at AIB Capital
Markets and with QED Equity. He has undertaken consulting assignments with the Central Bank of
Ireland, the Department of Finance, Wells Fargo Bank International and De Nederlandsche Bank.
Brian delivers the Fixed Income and Financial Engineering modules on the Executive Masters in Risk
Management for the School of Professional Finance, and he lectures in Derivatives, Banking and Fixed
Income in Dublin City University. He has lectured on the M.Sc. in Quantitative Finance and the MBA in
University College Dublin and M.Sc. in Financial Engineering in NUI Maynooth. He has delivered
executive programmes for the Institute of Banking on credit risk, on market risk and on Basel III.
Professor O’Kelly is a speaker at numerous conferences, and has also written articles on securitisation,
accounting, banking and regulation for industry journals such as Banking Ireland and Accountancy
Ireland and academic journals such as Journal of International Money and Finance and World
Economy.
MR. GERRY ROSENGRAVE
Gerry Roseingrave is a highly experienced senior international banker who joined the Central Bank of
Ireland two years ago from ABN AMRO. In his career at ABN AMRO, which spanned over 20 years, he
held senior positions in Amsterdam and Dublin which included Global Head of Market Risk for Emerging
Markets, Head of ALM Central and Eastern Europe, Country Executive Ireland and Regional Head of
Trading CEEMEA. His current position is Head of Treasury within Banking Supervision Division at the
Central Bank of Ireland.
He has extensive expertise in crisis situations most particularly from an Asset and liability perspective.
In his position as Regional Head of Trading 1997-2001, he helped to manage the Treasury operations
of ABN AMRO Prague and Moscow during their country’s crises in 1997 and 1998 respectively. In his
position as Treasurer Ulster Bank 2008 – 2009, a position to which he had been seconded to, he
managed the balance sheet of that bank. Shortly after joining the Central Bank of Ireland in 2010 he
was appointed to lead the Treasury Team within Banking Supervision Division. This team is responsible
for the regulation of the Treasury operations of licensed banks with a particularly strong emphasis on
the Covered Institutions. His team was responsible for managing and leading the PLAR element of the
Financial Measures Programme 2011. He and his team have regular engagement with the Troika
between and during their quarterly missions.
MR. MICHAEL FEENEY
Michael Feeney was appointed Chief Executive of the Institute of Banking in December
2011. Michael’s professional career spans both banking and public service. He joined the Banking
Supervision team of the Central Bank of Ireland in January 2009 to lead the Credit team and
managed the Credit element of the Financial Measures Project in 2011. Michael held a number of
senior management positions at Ulster Bank, including Group Head of Credit and Regional General
Manager of the Retail Bank in the Republic of Ireland. Michael is a Fellow of the Institute of Banking,
holds a Bachelor of Commerce degree at University College Dublin and is a Fellow of the Chartered
Association of Certified Accountants. He is a Board Member of IFSC Ireland and European Bank
Training Network (EBTN).
MR. KEVIN MCCONNELL
Kevin, Chartered Financial Analyst, has more than 15 years of experience in the investment industry,
specialising in the banking and insurance sectors. For the past five years, he has been an external
strategic advisor to a number of banks and to a range of international debt and equity investors in the
sector. He has worked on both the buy and sell side of the capital markets. Kevin is a senior lecturer
in the Masters in Finance program, Trinity College Dublin, and teaches the Complex Financial
Instruments course in the Professional School of Business of the Irish Institute of Banking. He also
serves as the examiner for the Certified Financial Planner (CFP) accreditation for FPSB Ireland. Kevin
is a principal with K3 Consulting and Gem Strategic, which specialise in executive-level strategic
consulting in the financial services arena.
MR. CLIVE KELLY
Clive Kelly is General Manager and Executive Director of Partner Re Insurance Ireland Ltd a subsidiary
of Partner Reinsurance the third largest Reinsurance company in the world, He has a business degree
from the University of Dublin and is a Chartered Insurer
Clive has worked in the insurance sector for over twenty five years and is a trained underwriter having
held many executive roles including Head of Reinsurance, Head of Compliance and Head of Risk
Management. Prior to joining Partner Re he was Chief Risk Officer of Zurich Insurance plc., the largest
single regulated insurance undertaking in Europe and the largest regulated entity in the state.
DR. PETER OSBORNE
Peter has undergraduate degrees in a number of disciplines including Law and holds a doctorate in
Law (1997). He is a solicitor qualified to practise in Ireland and in Northern Ireland and lectured and
examined in Law in The Queen’s University of Belfast from 1991 to 1997 during which time he also
researched and wrote extensively on legal topics. Peter has practised as a full-time consultant with
McCann FitzGerald since 2000.
Peter has a legal advisory practice. He has particular expertise in reasoning and legal problem-solving,
legal risk assessment and management, statutory and other legal drafting and in advising in legal and
regulatory issues in complex projects and transactions. These have included many substantial national
and private infrastructure projects and legal and regulatory compliance initiatives in the financial
services, State and corporate sectors. Peter advises on banking and financial services licensing and
regulatory compliance and generally in administrative, banking and finance, corporate and commercial
law and corporate governance. Peter frequently assists clients in legal risk assessment and
management and in formulating legal responses to crisis situations, engagements that are, by their
nature, sensitive and confidential. He also drafts legislation for a number of State clients.
Peter combines extensive legal and regulatory knowledge and experience with a keen appreciation of
the commercial and policy-related context. Peter has an advisory input into a large proportion of the
transactions and regulatory issues in which McCann FitzGerald is engaged.
Peter also manages McCann FitzGerald’s research and know-how functions and the firm’s team of
professional support lawyers.