Initiative Ireland Appoints Sinead Byrne as COO
18th March 2020
Initiative Ireland the property finance and impact investment specialist, has announced the appointment of Sinead Byrne as the company’s new Chief Operations Officer (COO). With this appointment she will lead the implementation of new technology and service expansions across the company as the it prepares for entry into new European markets, including the UK, as announced earlier this year.
As an impact finance firm, Initiative Ireland enables its impact investor community to co-fund asset-backed projects that deliver a positive social and environmental impact, in addition to offering competitive returns to their clients. As a matter of principle, community membership is open to small investors, in addition to companies and international funds, to promote a culture of financial inclusion.
Initiative Ireland currently operates Ireland’s largest property lending marketplace, managing an impact investor community which co-funds the construction of energy-efficient social and affordable housing projects nationwide, through secured loans financed via the company’s online platform.
The company is headquartered at NovaUCD, the Centre for New Ventures and Entrepreneurs at University College Dublin and is supported by Enterprise Ireland as a high-potential start-up. Announcing the appointment Padraig W. Rushe, CEO, Initiative Ireland, said, “We are delighted to have Sinead join the team. She brings a wealth of experience in leading programme delivery, regulatory engagements and she also has extensive knowledge and experience of the Irish property and finance market.”
Sinead has over 14 years of banking experience in the Irish market. Having previously held roles with Ulster Bank, Danske Bank and EBS, she joins Initiative Ireland from Citibank, where she was a Director of Risk Analytics for Europe.
Sinead Byrne, COO, Initiative Ireland, said, “Property and impact investing is often only available to institutional investors. One of the main reasons I wanted to join Initiative Ireland was how focused the company is on responsible financial inclusion. Investing should be accessible and available to everyone. Some of our upcoming system and service expansions will make it easier that ever before for clients to join and access our offering.”