In 1919, Collins had a number of roles. In the summer he was elected president of the IRB, Director of Intelligence of the Irish Republican Army. He also became the Minister for Finance. His ministry was able to organise a large bond issue in the form of a "National Loan" to fund the new Irish Republic. Collins and Richard Mulcahy were the two main organisers for the Irish Republican Army, in as far as it was possible to direct the actions of disorganised guerrilla units.