Brown Brothers Harriman has appointed Paul Donnelly as the new managing director of Brown Brothers Harriman Trustee Services (Ireland) Limited.
“Dublin remains a critical piece of the financial services landscape in Europe, and Paul’s appointment as managing director ensures our clients will continue to receive the highest level of service as we hold our focus on strategically growing our business over the long-term,” says Andrew Tucker, BBH partner responsible for Europe. “Paul’s knowledge and experience will help lend valuable support as we respond to the growing demand for our solutions-driven products and services.”
Donnelly joins BBH following 15 years with Barings (Ireland) Limited, where he served as managing director for more than nine years. While at Barings, Donnelly oversaw marketing and development of the company’s products and services and also assumed responsibility for compliance with the Central Bank and Financial Services Authority of Ireland. Prior to Barings, Donnelly spent more than 10 years with the Bank of Ireland Group.
“I am thrilled to join an organisation with such an outstanding reputation for client services and solutions,” says Donnelly. “I look forward to utilising my background to support, strengthen and grow BBH’s Dublin office. On a larger scale, it is exciting to be part of the firm’s strategic expansion throughout Europe, which is clearly a priority, based on the investments BBH continues to make in its people, products and services.”
Among the services BBH has added in Europe in recent years are expanded FX relationship management capabilities in London and a European securities lending business, and equity execution services and distribution via the BBH Fund WorldView platform. Overall, assets held on behalf of European custody clients account for approximately 50 per cent of BBH’s $1.3 trillion assets under custody.