Tom Glynn is a Director of Adara Development (USA).
Currently Tom acts as a banking and capital markets expert at Devon Capital Advisors. The company’s big data technology has been used to support the quantification of damages in financial disputes for large financial institutions and to support regulators to identify and remediate financial misconduct or breaches in AML/AFC.
Prior to Devon, Tom had over 30 years of senior banking experience including licensing, operating and restructuring financial service platforms. He has successfully launched and managed securitization and structured credit platforms in the US, Germany and the UK. He has been approved by or worked directly with regulators in the US, Germany, the UK, Ireland, Luxembourg and Bermuda.
Tom led the Turnaround Banking efforts for KPMG UK LLP. He led the operational restructuring of a regulated UK alternative lender, including downsizing and governance changes, turning the company EBITDA positive in less than six months and helping the company to achieve permanent regulatory status with the UK’s FCA.
Prior to KPMG he spent a year in Sydney as Head of Corporate Finance and helped license and launch Adara Partners, an innovative boutique investment bank.
As CEO of DEPFA BANK plc in Ireland, Tom was responsible for the entire DEPFA Group. Over 4 years, he reduced costs, headcount and balance sheet in excess of 50% (from over €100b to €50b). He returned the bank to profitability within his first year. He implemented actions to de-risk the bank while maintaining tier one capital ratios and all other regulatory requirements. This resulted in Central bank of Ireland’s approval to return over €2 billion in capital to the German Government. Tom prepared the DEPFA Group for a sale and a clean break from the HRE Group.
Prior to the role as CEO of DEPFA, Tom spent nearly two years as Head of Strategic Projects/Corporate Development within HRE Group. In this role he led the sale and closure of non-core businesses. He tendered and outsourced the servicing and all operations of its US $8bn real estate lender, fully in compliance with EU outsourcing requirements. He also led HRE’s public tender and liquidation of a US stock exchange listed REIT. He further led the profitable sale of its US Broker Dealer to Jeffries and Co, and its European based asset manager to Sal Oppenheim.
Prior to DEPFA, Tom spent over five years in senior management roles in DAX listed Hypo Real Estate Group including being a Member of the Management Board responsible for capital markets and asset management, He successfully launched true sale securitization platforms in the US and Europe and CSO’s in the US and Germany. He led the expansion of HRE’s Irish legacy real estate platform into a new expanded Irish licensed entity Hypo Public Finance Bank with a focus on asset-based lending and capital markets. The bank was profitable in its first year of expansion.
Prior to HRE, Tom spent many years at HypoVereinsbank. His roles included Head of the HVB Americas, Chairman of HVB Americas Credit Committee, US Branch Manager, Founder and Chairman of Grand Central Re Bermuda, Founder and President of HVB Risk Management Products and HVB’s Global Credit Treasurer. He launched leading securitization receivable’s platforms in the US, Europe and Asia generating ROE’s in excess of 30%.