Silicon Valley Bank appoints relationship manager for Ireland
Silicon Valley Bank, financial partner to the technology, life science, cleantech, private equity and venture capital industries, has appointed Andrew Hunter as relationship manager with its UK branch to spearhead its new business efforts in Ireland.
Hunter currently works within Silicon Valley Bank’s accelerator and growth group based in London, managing a varied portfolio of clients and overseeing specialised financial services for venture backed and growth technology businesses.
In June 2012, Silicon Valley Bank announced plans to lend USD100m to support Ireland’s technology innovation sector in collaboration with the National Pensions Reserve Fund over the next five years.
Hunter says: “Ireland has a vibrant innovation sector and a vast array of high potential entrepreneurs and technology businesses. Utilising Silicon Valley Bank’s global network and extensive knowledge and experience, we are in a good position to support these businesses and help them to grow.”
Phil Cox, head of EMEA and India and president of the UK branch of Silicon Valley Bank, says: “We are committed to bringing our niche experience and knowledge to high growth innovation companies around the world. The extensive knowledge that Andrew brings to the business will be of tremendous value in Ireland as we continue to focus on supporting Irish innovation.”
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