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Former Davy Group chief executive Tony Garry has resigned as chairman and director of BES Management, a joint venture between Davy and BDO for managing investments under the Employment and Investment Incentive Scheme (EIIS). He departed the board of the company on March 8, just six days after Davy was fined €4.13m and reprimanded by the Central Bank for a controversial 2014 bond deal in which he participated. His resignation was confirmed by a spokesperson for BES. The news follows his departure from the board of the Mater Misericordiae University Hospital, which was reported in the Sunday Independent, and the resignation of his colleague Brian McKiernan from the provost’s council at Trinity College Dublin and the governing council of the Royal Victoria Eye and Ear Hospital in Dublin. ....
The secret to being a high-potential start-up Enterprise Ireland HPSU manager Niall McEvoy fills us in on how he measures a start-up’s potential. Niall McEvoy strikes me as an optimist. A man who can spot silver linings peeking from behind clouds and opportunities in a crisis. It’s an outlook suited to someone tasked with spotting potential. As manager of high-potential start-ups (HPSUs) in the ICT sector for Enterprise Ireland, McEvoy is part of the team responsible for sniffing out Irish start-ups set for rapid success. No doubt, he thinks all 80 that Enterprise Ireland funded last year are ones to watch (though we did manage to get a shortlist of six out of him). ....