The team of five, led by Bill Greaves, Head of Media joined Bank of Ireland Corporate earlier this week.
This new media team will join with the Bank’s existing corporate leveraged finance and asset based lending teams under Tom Hayes, Head of Specialised Finance. The team will focus on key media sub-sectors including publishing, broadcasting, radio, television production, marketing services, music and facilities. It will be based in Eastcheap Court in London.
According to Tom Hayes, Head of Specialised Finance, Bank of Ireland: “We are delighted to have attracted a team of such high calibre. Bill and his colleagues have a proven track record and will greatly enhance our product offering. This fully integrated team will work with us to support the growth of individual businesses in this sector from mid-sized corporates through to global organizations. This is a significant development for our Corporate business in the UK market and is in line with our strategy to continue to add further sector specialist teams for our customers.
“The media sector is a dynamic market which has experienced significant growth over recent years as the sector has matured and legislative change has fuelled expansion. Our newly team has been at the centre of this growth which is set to continue into 2005 and beyond", Tom Hayes added.
Bill Greaves, Head of Media, Bank of Ireland said: “This is a fantastic opportunity for us to create a new presence in the market for Bank of Ireland Corporate which is in line with its strategic and growth aspirations. It also means that we have increased the competition between banks in the media arena and this has got to be great news for the industry generally".