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Richard O'Driscoll
Richard O'Driscoll is a seasoned Career Banker with a track record of over 14 years at Allied Irish Bank where he excelled in various roles, culminating as a Business Relationship Manager in Ilford, Essex in 1992.
In late 1992, he transitioned to the world of Formula 1 by joining Jordan Grand Prix at the request of the Jordan family, showcasing his versatility by managing their affairs. He orchestrated the sale of a minority interest to Warburg Pincus in 1998 and masterminded the sale of the entire company in 2005, ensuring the best return for the Jordan family/Trust.
Diversifying his portfolio, Richard O'Driscoll established Cogent Properties Ltd to drive long-term capital growth and income for the Jordan family Trust, witnessing remarkable growth with the company's value soaring to approximately £35 million by 2006.
In 2002, he demonstrated his strategic acumen by acquiring the trading subsidiary of a UK PLC to bolster income and long-term capital growth through the expansion of facilities and land bank operations.
Actively collaborating with professional advisors, Richard successfully secured outline planning permission for 1000 homes in August 2016, with the green light for phase 1 of 349 homes received in March 2018, showcasing his proficiency in property development.
Apart from his corporate endeavors, Richard ventured into the retail sector through ItsGotSoul.co.uk, a family-owned business specializing in premium leather shoes for women seeking stylish and healthy footwear options.
Displaying astute financial stewardship, in early 2020, Richard orchestrated the disposal of Phase 1 lands at Collingtree Park Golf Course to Vistry PLC while concurrently safeguarding shareholder interests by instituting lease agreements with convenient break clauses for members, thereby mitigating ongoing liabilities.
Currently, he is strategically evaluating the near to midterm options for the entire landbank during 2020/2021, highlighting his forward-thinking approach and commitment to optimizing capital returns.
Richard O'Driscoll has held esteemed positions including MD at Cogent Properties Ltd, Chief Financial Officer, and Chief Operating Officer at Jordan Grand Prix, and distinguished roles during his tenure as a banker at Allied Irish Bank.
