Initiative Financial Services
Initiative Ireland is led by an experienced management team with a shared vision to deliver honest, fair and inclusive financial services.
Chief Executive Officer
CEO of Initiative Ireland Padraig W. Rushe has over 15 years of experience in Financial Services, Technology and Risk Management. He has held Senior Risk and Commercial Management roles within the financial services industry, having worked with Ulster Bank, GE Money and Bank of Ireland. He has significant commercial experience managing regulated financial product portfolios within the UK and Ireland (with assets of over €2bn), delivering significant improvements to net portfolio profitability under his management. As a professional risk manager, he has delivered over €100m in loss avoidance, predominantly through credit management and financial crime prevention interventions. Prior to founding Initiative Ireland, Rushe worked as a Chief Commercial Officer for Neuromod Devices, where he lead the commercialisation and operational expansion of the company. Rushe is also the Managing Director of Initiative Ireland Nominees Limited, a Trust and Company Service Provider authorised by the Department of Justice and Equality of Ireland. He holds an MBA with distinction from Trinity College Dublin, a BA Honours from University College Dublin and is an Qualified Financial Advisor (QFA) as certified by the LIA & UCD.
Chief Credit Officer
As Chief Credit Officer, Padraig M. Rushe brings over forty years of Corporate Banking and lending experience to Initiative Ireland. A respected figure within the International Finance Community, Rushe is Chair of the Initiative Ireland Credit Committee, overseeing the internal review of all loans prior to approval for listing on the platform. Prior to joining the company, Rushe was a Corporate Banking Director at Bank of Ireland where he successfully arranged bilateral and syndicate credit facilities and managed all elements of credit and operational risk across portfolios with multi-billion euros in exposures. Rushe has been an active promoter of the IFSC and developed Bank of Ireland’s portfolio in financial services including banking, funds, insurance, leasing and related sectors. Rushe is Chairman of The International Finance Forum at FSI/Ibec. He was previously a member of the Government’s Clearing House Group for the IFSC. He is chairman of the IFSC Dublin Inner City Trust and board member and audit committee chair of St Catherine’s Association Ltd. He has provided credit advisory services to companies and Government Agencies in Ireland and Overseas. He is a non-executive director of Premium Cash Solutions Ltd. and a director of Initiative Financial Services Ltd. Rushe graduated Valedictorian with an MBA from Lake Forest Graduate School of Management, Illinois in 1988. He holds a Diploma in Company Direction 2017 from the Institute of Directors.