Paul started his career in KPMG in Dublin.  In March 1991 he set up Connolly Capital, a boutique investment banking firm based in Ireland.  Connolly Capital has worked closely with a number of companies, particularly Esat Telecom Group plc, Hibernia Foods plc. and the Digicel Group.  Paul serves on the Boards of Independent News & Media plc, Melita Cable plc and he is chairman of the private Irish media group Business & Finance.  He was appointed to the board of Communicorp in March 2011.

In the past Paul has served on the boards of two NASDAQ quoted companies –  Esat Telecom plc., an Irish fixed and mobile telecoms operator and Hibernia Foods plc a UK based food processor as well as the board of Digicel a privately owned mobile communications company operating in 32 countries in the Caribbean, Central America and the South Pacific.  In October 2010 Paul was invited to become an external Senior Adviser to Credit Suisse.

Paul Connolly holds a Bachelor of Commerce degree (B.Comm) from University College Dublin and is a Fellow of the Institute of Chartered Accountants (FCA) in Ireland.