Dublin-born Curneen is leaving PFS owner EML

Former CEO of Digicel Financial Services, David Curneen, has left his position as Group Chief Operating Officer at EML Payments after a year on-site.

Curneen, who was born in Ublin, was appointed last October but he left the position earlier this month, according to documents from the Companies Registration Office.

An EML spokeswoman confirmed Curneen had departed. She said Emma Shand, the new CEO of EML Group, recently announced the company was working on a strategic review to simplify the business.

“As part of this transition, David Curneen made the decision to leave EML to pursue other opportunities. We are parting on good terms and wish David all the best for his professional future.”

Curneen also confirmed that he had resigned. While at Digicel Financial Services, he was Group CEO of 32 Caribbean, Central American and South Pacific markets.

Australia-listed EML already has a well-known Irish connection – it acquired Prepaid Financial Services (PFS) from founders Noel and Valerie Moran in a multimillion-euro deal in 2020. In May 2021, the central bank raised concerns about a PFS subsidiary in relation to issues including governance.

Loyola sees room for more restaurants at the Landmark

Pub and restaurant owners Stephen Cooney and Brian O’Malley are not letting the current problems in the hospitality industry stop them from improving their businesses.

Her Loyola Group is an investor in delicious pizza chain Base and owns The Bath and The Old Spot, as well as the Landmark pub on the corner of Kevin Street and Wexford Street in Dublin.

According to planning documents, they aim to expand the Landmark by combining it with the ground floor at 39 Wexford Street and the ground floor and part of the first floor at 38 Wexford Street. The premises in question had previously been grouped together as a retail unit.

There are plans to use much of the extra space as a dining area, utilizing an existing kitchen.

Don’t count on people changing lenders

Half of Ireland’s population has never switched banks – and a further 20 per cent say they can’t remember when they last switched, but it has been over 10 years.

That’s according to a new People Insurance survey, which found that 53 percent of people who’ve gone through the transition process in the past five years found it too complex or time-consuming.

The central bank said just a quarter of Ulster Bank and KBC accounts have been closed since the start of the year, despite efforts by both banks to drive existing customers to other providers.

https://www.independent.ie/business/irish/dublin-born-curneen-leaves-pfs-owner-eml-42068353.html Dublin-born Curneen is leaving PFS owner EML

Fry Electronics Team

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