Mark Duffy is an
Irish banker.
In 1981 he joined
ICC Bank as a graduate trainee before taking up a position at
3i, a
venture capital company. When 3i was sold to
Anglo Irish Bank in 1987, he was offered a role with the new owner. He was approached by
Bank of Scotland, who owned part of 3i at the time, to become
CEO
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
aged 31 to rescue their ailing
Equity
Equity may refer to:
Finance, accounting and ownership
* Equity (finance), ownership of assets that have liabilities attached to them
** Stock, equity based on original contributions of cash or other value to a business
** Home equity, the dif ...
bank in 1992. He successfully grew this entity, acquiring his previous employer ICC along the way, into a €37bn full service bank successfully challenging the Irish banks for the first time.
After 17 years as CEO, he resigned from the Bank of Scotland (Ireland) in 2008 at the age of 51. He was replaced by his former COO Joe Higgins who along with other colleagues established the very successful
Certus. He moved abroad, established a private not-for-profit investment vehicle backed by his Swedish's wife's family aimed at rehabilitating drug use. His wife is one of the Aastrup family.
He has also been associated with a range of new
start up vehicles, particularity Svenska Fonden focussed on financial services.
Zug
, neighboring_municipalities = Cham, Baar, Walchwil, Steinhausen, Unterägeri
, twintowns = Fürstenfeld (Austria), Kalesija (Bosnia-Herzegowina)
Zug (Standard German: , Alemannic German: ; french: Zoug it, Zugo r ...
, in
Switzerland
). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
, appears to be his family base. He was also rumoured in June 2018 to be "eyeing up an the Irish residential lending market" potentially as a repeat of his work with Bank of Scotland (Ireland).
References
{{DEFAULTSORT:Duffy, Mark
Irish chief executives
Living people
Year of birth missing (living people)