Irish Residential Properties REIT (I-RES) has appointed Mari Hurley as its new chief financial officer (CFO), following the retirement of Brian Fagan.

Fagan has worked at Ireland’s largest provider of private rental accommodation for almost five years and he is set to retire from the role in the summer.

Hurley is currently CFO at the state broadcaster, RTÉ, and has extensive experience as a CFO and business leader in Ireland and the UK in publicly listed companies, as well as in large private and semi-state companies.

Prior to working at RTÉ, she worked for the AA (Ireland) for three years and Premier Lotteries Ireland for three years. Hurley also served as CFO at Hostelworld Group for 11 years.

Chief executive officer at I-RES, Eddie Byrne, said: "I would like to sincerely thank Brian for his immense contribution to I-RES since joining the company in 2021. Following the successful internalisation of the management of the business, Brian established a best-in-class finance function and delivered a new IT platform that continues to support the company’s technology transformation.

"During his tenure, he also implemented new long-term funding structures, strengthening the capital base and leaving the business well positioned to deliver new rental accommodation and execute its strategic objectives. On a personal level, I would like to acknowledge Brian’s invaluable support and consistently sound counsel since I joined I-RES in 2024, and to wish him every success and fulfilment in his retirement.

"I am also very pleased to announce that Mari will join I-RES as our next CFO. Mari has an extensive and highly successful track record as a CFO across private, semi-state and listed companies, spanning a wide range of sectors – including property – with operations across multiple international markets. Her depth of experience will be a significant and complementary addition to I-RES as we continue to play a vital role in addressing the country’s ongoing residential accommodation needs, and I look forward to welcoming her to the team."

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