Mars Capital Finance strengthens its Irish servicing business with senior-level appointments
Dublin, 22 February 2022 – Arrow Global Limited (Arrow Global), a leading European investor and alternative asset manager in credit and real estate, is pleased to announce the appointment of Fiona O’Sullivan, Head of Internal Audit, and Martin Dowdall, Chief Operating Officer, to Dublin-headquartered Mars Capital Finance (Mars Capital).
Joining Mars Capital’s Irish senior leadership team, Fiona brings over 10 years’ experience as a Chartered Accountant across Practice, External and Internal Audit, and Risk and Compliance. Fiona has considerable experience in the area of Internal Audit and has held senior roles in companies including the Irish Life Group and CNP Santander Insurance. In addition to being an Associate member of Chartered Accountants Ireland (ACA), Fiona holds a Bachelor’s degree in Finance and Accounting, as well as a Certificate in Cyber Security and Data Incident Management.
Martin has over 16 years’ international financial experience with a core background in migrating, assimilating, and managing over €120bn of loan portfolios across an array of asset classes and jurisdictions. Martin most recently spent a number of years as Head of Operations within the Link Group, with previous employment at Capita, Capmark, GMAC and AIB Bank of New York. Martin holds a Bachelor of Commerce Honours degree from University College Dublin and an MBA from the Michael Smurfit Graduate Business School.
Colin Maher, CEO, Arrow Ireland: “We’re delighted to attract high-calibre people to Mars Capital. Both Fiona and Martin are well respected within Irish Financial Services and these appointments further strengthen our customer-led offering within the Irish credit management sector. Mars Capital is well positioned for future success, and I’m delighted to have Fiona and Martin onboard as we look to grow our business in the years ahead.”
Mark Gollin, Managing Director, Arrow Platforms: “We’re excited to welcome Martin and Fiona into our Irish business. Mars Capital is a respected servicer in Ireland; one that is committed to long-term sustainable solutions for its customers and clients. Having the right team in place is essential to our continued success, and I’m delighted to attract such strong talent into our Irish operation.”
Fiona and Martin have been appointed into the relevant Pre-Approved Control Functions (PCF) as authorised by the Irish Central Bank.
For further information:
Nick Jones, Director of Corporate Communications
+44 (0)7545 059442
Scott Forster, Senior Communications Manager
+44 (0)7716 227537
Brackendale Consulting Ltd
About Mars Capital
Based in Dublin, Mars Capital Finance Ireland (‘Mars’) was approved by the Central Bank of Ireland in 2016 as an Irish Regulated Credit Servicing Firm.
We provide loan servicing solutions for the owners of performing, non- preforming and reperforming mortgage assets. Mars provide the full suite of servicing solutions that ensure our clients are compliant with the workings of the Irish Regulatory Codes, including the holding of Legal Title where required.
Our mission is to “think like the loan owner” and ensure that we are maximising returns for our clients whilst ensuring we provide fair, appropriate and innovative solutions for our customers.
Arrow Global Group
Established in 2005, Arrow Global is a European investor and alternative asset manager specialising in credit and real estate. We identify, acquire, and manage secured and unsecured loan and real estate portfolios from and on behalf of financial institutions, such as banks, institutional fund investors and specialist lenders.
We play an active role in helping financial institutions reduce their balance sheets and recapitalise in order to increase mainstream lending. By purchasing and managing non-performing loans and other non-core assets, we provide valuable capital and expertise to a growing European market. We are a regulated business in all five of our European markets.
We invest in this asset class through our fund management business as well as directly, and also generate revenues from managing and servicing assets on behalf of third parties.
Arrow's Fund Management Business has total FUM of €4.7 billion (as at Q3 2021) and over €70 billion of asset servicing AUM.