Senior Divisional Manager, National Asset Management Agency

Nick Davies

Chair, Common Purpose Ireland

Nick sees himself as a European citizen, being a first-generation Welshman whose family originates from Germany and the Czech and Slovak Republics. He resides in Malahide with his wife Laura and their two children, Alex and Howard.

He was with Ernst & Young for 33 years initially in the UK and then Eastern Europe, and then joined Grant Thornton Ireland. Currently he works in a senior position at NAMA, the Irish semi state body created by the government of Ireland in late 2009, in response to the Irish financial crisis and the deflation of the Irish property bubble. It functions as a bad bank, acquiring property development loans from Irish banks and developing and implementing workout strategies to maximize the return to the State.

Nick has a very clear philosophy and operating style, which is to develop a holistic view of the ‘Universe’ an organization finds itself in and the need to cross divides and thrive in multiple cultures. He has applied this approach wherever he has worked by considering all components of the wider environment and their impact on the development and day-to-day operation of an organization’s activities. This in turn creates the agenda and content of the dialogue with the key stakeholders.

Wherever Nick has worked, he has taken an active interest in the community and the part that business must play. In addition, he has been a non-executive director of a UK National Health Service hospital and a commercial radio station. He is currently a non-executive director and Board secretary for Beaumont Hospital Foundation.