Mutual Energy Annual Report 2010Press Release - 8th April 2010
New Non-Executive Director appointed to Mutual Energy
Mutual Energy Limited, owners and operators of the Moyle Electricity interconnector, the Scotland to Northern Ireland gas transmission pipeline (SNIP) and Belfast Gas Transmission Pipelines, has appointed Stephen Kirkpatrick as a Non-Executive Director.
A chartered accountant by profession, Mr Kirkpatrick, who has spent 15 years with the Bank of Ireland, including as Chief Executive of its Northern Ireland operations and Head of Retail Credit for the bank, has a wealth of experience that he will bring to the role with Mutual Energy. He has recently been appointed CEO of Corbo Properties, the largest property company in Northern Ireland. The appointment has taken effect from 1 April.
Commenting on the appointment, Mutual Energy Chairman Peter Warry said “We are delighted that Stephen Kirkpatrick has agreed to serve on the Mutual Energy Board. His extensive financial experience will complement the existing skills of our Board and will help to ensure that we can continue to manage key energy infrastructure assets at the lowest possible cost to Northern Ireland energy consumers.”
[Biographical note for Stephen Kirkpatrick below]
Notes for editors
Biography Stephen Kirkpatrick
Stephen Kirkpatrick has recently been appointed CEO of Corbo Properties. Corbo is the largest property company in Northern Ireland and one of the leading developers/investors in retail property in the UK.
Stephen previously spent 15 years with Bank of Ireland having joined the Bank in 1995 from KPMG Chartered Accountants where he specialised in corporate finance over an eight year period. He spent his early career in corporate banking, holding a number of senior roles and culminating in his appointment in 2002 as MD Corporate & Business Banking for Northern Ireland. In 2004 he was appointed head of its regional business banking operations in the UK. Stephen became CEO of Bank of Ireland in Northern Ireland in 2006 – a business unit employing 1,300 people across an extensive branch and business centre network. Stephen’s responsibilities extended from retail banking right through to large ticket corporate and property finance.
In 2009 Stephen was appointed Head of Retail Credit with accountability for almost two thirds of the Bank of Ireland Group’s balance sheet lending. This key Group role encompassed a diverse range of loan books in the UK and Ireland including mortgages, consumer finance, SMEs and property development/investment.
Stephen is a Fellow of the Institute of Chartered Accountants in Ireland and is a member of its Governing Council.
-- ENDS –
For further information contact:
Sandra Dane
Lagan Consulting
Email: sandra.dane@laganconsulting.com
Tel: +44 (0) 28 9261 9550