Transport

Former VHI chief joins board of BMW’s Irish motor loans unit

Oliver Tattan to advise management of BMW Financial Services (Ireland)

BMW Financial Services (Ireland) managing director Brian Merrigan, left, pictured with Oliver Tattan, who is joining the board of the motor loans company as an independent non-executive director. Photograph: Mark Stedman
BMW Financial Services (Ireland) managing director Brian Merrigan, left, pictured with Oliver Tattan, who is joining the board of the motor loans company as an independent non-executive director. Photograph: Mark Stedman
Mon Oct 16 2017 - 05:39

Former VHI chief executive, Oliver Tattan, is joining the board of BMW Financial Services (Ireland) as a independent director.

The motor loans company said that Mr Tattan would serve as an adviser to management at BMW Financial Services, offering “guidance, steering and oversight”.

After his time with State-owned VHI, Mr Tattan founded health cover specialists Vivas Insurance, followed by GloHealth, which is now part of Irish Life Health.

He chairs the remuneration committee of Irish-listed recruiter CPL Resources, as well as several other companies in a wide range of industries.

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Tangible benefits

Mr Tattan is also a non-executive director at AGF International and the founder of Insurance Regulatory Capital and One Big Switch, which aids consumers in switching utilities.

Brian Merrigan, managing director of BMW Financial Services (Ireland), said Mr Tattan brought a huge breath of experience that would have tangible benefits for the company.

BMW Financial Services (Ireland) is part of the German auto manufacturing group and provides credit to businesses and consumers in the Republic buying its vehicles. It was founded in 2007 and employs 25 people in Dublin.