IBI Appoints Bank of Ireland Executive Eoin McGuinness as Debt Advisory Head

IBI Corporate Finance has hired a senior corporate banking executive from its former parent, Bank of Ireland, to head up its debt advisory division.

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Eoin McGuinness was a member of the bank's corporate banking leadership team and led teams to structure, co-ordinate and execute significant debt transactions for public, private, multinational and semi-state companies.

"The debt markets have transformed over recent years and companies now have a range of dynamic and innovative solutions which can be deployed to support their particular needs," said Tom Godfrey, IBI's chairman and joint chief executive.

Mr McGuinness has deep knowledge of the banking market and a broad range of transaction experience, including leveraged and management buyouts, recapitalisations and complex working capital structures, IBI said.

Mr Godfrey and IBI joint chief executive Ted Webb led a €10 million management buyout of the company in late 2017 from Bank of Ireland.

Last November, the company acquired a 50 per cent stake in a specialist Dublin-based mergers and acquisitions (M&A) adviser Broker Exchange Ireland (BXI) for an undisclosed sum. Founded in 2019, BXI advises on transactions between brokers working in the insurance and wealth management sectors.

(Source: The Irish Times)