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Statutory board seatOpen Open to a non-residentGIDX-IE-0105

Independent Non-Executive Director — UCITS Management Company

Ireland·Funds & Asset Management··Posted 14 September 2026

Irish-authorised management company of a European asset manager

The problem this seat exists to solve

The board needs an independent non-executive director with genuine availability. The Central Bank assesses aggregate time commitment across a candidate's whole portfolio, and the firm's existing INEDs are at capacity.

The remit

  • Provide independent challenge on investment risk, liquidity risk and delegate oversight
  • Own designated managerial functions within the firm's responsibility framework
  • Oversee the performance of delegated investment management and administration
  • Contribute to the board's fitness-and-probity and conduct-standards obligations

What the sponsor will not compromise on

  • Pre-approval controlled function experience, or the standing to obtain Central Bank pre-approval
  • Substantive UCITS or AIFMD experience, including delegate oversight
  • Demonstrable available time — the number of other directorships held will be assessed
  • EEA residency helpful for the company's s.137 position but not required of this appointee

Terms

Engagement
Rolling appointment; quarterly board cycle with additional committee meetings.
Compensation
EUR 45,000 – 70,000 a year.
Cross-border
No nationality test applies. The gate is Central Bank pre-approval of the individual, which takes months and should be started early.
Time commitment in this market
Fund boards typically meet quarterly; a regulated bank or insurance board meets far more often and the Central Bank tests whether the director has the time.

Before you apply — Ireland

No nationality test applies. An EEA residency test applies to the company, which can be satisfied by a bond — but for a regulated firm the real gate is Central Bank pre-approval of you personally.

Residency test
At least one EEA-resident director, or a €25,000 s.137 bond, or a s.140 certificate. It binds the company, not the appointee.
Nationality test
None.
Work authorisation
A non-executive director attending board meetings does not require an employment permit. Executive roles for non-EEA nationals require one.
Tenure limit once appointed
Nine years is the Central Bank's expectation for independent non-executive directors of credit institutions and insurers; beyond it, independence must be justified.
The full Ireland regime map

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