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Two new appointments within Shannon Group

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*Rachael Leahy & Paul MacNamara. Photograph: Arthur Ellis

Shannon Group has appointed a new Chief Financial Officer and Head of Legal.

Limerick native, Paul MacNamara takes on the role of Group Chief Financial Officer (CFO). He first joined Shannon Group in August 2014, prior to this he held both credit and commercial roles with a property focused asset manager and worked with a Big 4 accountancy firm in its transaction services practice.

In his five years with Shannon Group, MacNamara has been in senior financial positions such as Head of Finance, he became Acting CFO in June of last year. Paul holds a Bachelor of Business Studies from the University of Limerick, a Master of Accounting from University College Dublin and is a Fellow of Chartered Accountants Ireland.

Former partner of Ennis based, Michael Houlihan & Partners solicitors, Rachael Leahy takes on the mantle as Head of Legal. She will have responsibility for the administration of the Group ensuring compliance with statutory and regulatory requirements as well as being in charge of the Group’s procurement function.

As Company Secretary, Rachael will assist in the delivery of Shannon Group’s strategic plan. A practising solicitor, the Limerick native has worked with Matheson and holds a Bachelor of Commerce degree and an LL.B degree.

In total, over 600 people are employed by Shannon Group. Commenting on the new appointments, CEO, Mary Considine felt the addition of the duo would be “invaluable as we embark on the next chapter in our evolution”.

“Since our establishment we have undertaken a strategic investment programme across our businesses, channelling over €100 million into new commercial property developments to entice FDI and indigenous businesses to our region. In tandem with this, we have invested in initiatives to enhance our airport facilities and enrich our heritage tourism products. Central to all of these efforts is the continued focus on the development of high quality international air connectivity for the people of our region. The skillsets which Rachael and Paul bring will greatly assist the Executive Management Team as we deliver our new Strategic Plan.”

Páraic McMahon is Head of News & Sport with The Clare Echo. The Newmarket-on-Fergus native also writes for national papers including The Irish Examiner, The Irish Independent and The Irish Times along with doing work for RTÉ, Today FM, and A graduate of Mary Immaculate College, Páraic was previously employed by The Clare Herald and Clare FM. If you have a story, tip or some feedback for him then send an email to -

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