Principals

Paul has 17 years’ experience in lending with extensive experience in financing commercial and residential development. Paul was Head of Property in AIB’s Corporate Work-out unit and prior to establishing RELM, Paul was Head of Property Development Finance at AIB where he was involved in a number of significant development financing transactions. High profile and publically quoted transactions include; the senior debt financing for the O’Flynn Construction buy-out of Blackstone, and the €150m senior debt facility for Cairn Homes plc to facilitate residential development site acquisitions and working capital.

David has 25 years’ experience in the financial services industry with experience in corporate and commercial lending, property finance, structured finance, corporate finance, work out/criticised case management and insolvency. He has held senior leadership positions in both Rabobank (formerly ACC) and AIB plc. David has experience in property lending in Ireland through numerous property cycles since the 1990s. In 2004 David set-up and lead AIB’’s European Property Lending Division. Prior to establishing RELM, David was the Head of Property Lending at AIB where he created a centre of excellence for providing senior debt real estate finance to the property sector in Ireland.

Armand is a CIMA Qualified Accountant with 15 years banking experience, focused on property lending.Previously Head of Corporate Retail real estate lending at Ireland largest banking institution.Senior management roles in restructuring responsible for a loan portfolio of c. €1.8bn at Irelands largest banking institution.Held senior management roles in other Irish Financial Institutions and has significant experience across the banking sector.

Ruth has 7 years’ experience in corporate real estate lending, restructuring and in specialised project work. She worked in AIB plc for over 4 years as a member of the European and Corporate Banking real estate teams. She was responsible for credit management of international and Irish based property transactions, including a number of the bank’s largest exposures. Ruth also worked for a loan management company, managing a portfolio of non performing property loans. She worked with RBS, London on the interest rate hedging product review report.Ruth holds a First Class Honours Masters in Financial Services and a Honours Degree in Business Studies.