Career Moves this week: 18 January 2017
Your weekly round-up of the CAs and other business professionals moving into new roles.
Graham Marjoribanks CA moves into senior BDO role in Canada
BDO has named Graham Marjoribanks CA its new Accounting and Assurance Leader for Western Canada.
He will be responsible for leading operations, supervising the implementation of strategic initiatives and leading partners and staff across the provinces of British Columbia, Alberta and Saskatchewan.
Graham moved to BDO Canada in 2009 to help public companies transition their reporting to International Financial Reporting Standards after successful tenures at KPMG and Morgan Stanley. He was made a Partner at BDO Canada in 2014.
As a Director of the Alberta-Scottish Business Association, Graham has also built up strong connections with Scottish Development International and UK Trade and Investment. This led to the Scottish government appointing him as a Global Scot, a network of business leaders that act as a resource for Scottish business around the world.
New appointments at the Financial Reporting Council (FRC)
The Financial Reporting Council (FRC) has appointed Phil Fitz-Gerald as Director of the Financial Reporting Lab, which brings together companies and investors to support improvement and innovation in reporting.
Phil is an ICAEW chartered accountant and has previously worked as a Senior Manager at KPMG and as a consultant for Shell. He joined the FRC in 2009 as an Audit Inspector.
The FRC has also appointed Jennifer Sisson as Senior Investor Engagement Manager to facilitate the regulator’s outreach among investors, develop policies to support its mission to foster investment, and reflect investor and other stakeholder views in its work.
She will join the FRC on 27 March from her current position of Senior Manager for Investor Engagement at PwC.
Lord William Hague joins Citi to advise on Brexit
Lord William Hague has joined Wall Street giant Citi as an advisor to the US bank, providing insight to the lender's clients.
The former Foreign Secretary, who also briefly served as leader of the Conservative Party, quit frontline politics at the 2015 General Election, but voiced support for Britain to stay inside the European Union.
His appointment comes after Lord King, former Governor of the Bank of England, joined Citi in July of last year.
The bank commented: "We're delighted Lord Hague will be working with Citi as an advisor, providing his unique perspective to our clients. Lord Hague's experience on the global stage and his understanding of the forces shaping the world will be a key asset for Citi."
Mazars re-elect Phil Verity as Senior Partner
Phil Verity has been re-elected as UK Senior Partner of accountancy firm Mazars, having been with the firm for over 20 years.
He joined the firm 1986 as a graduate and became a Partner in 1999. He was first elected as UK Senior Partner in 2012 and has also been Deputy CEO of Mazars Group since 2011.
Phil commented: “It has been a pleasure to lead the UK firm for the past four years. I am proud of what we have achieved and am excited about the journey ahead."
PwC announces new global corporate tax services team
PwC has announced an agreement with GE that will see the firm hire more than 600 of GE's tax team members from around the world and acquire GE’s tax technologies.
The move is part of an initiative to further both PwC's focus on the 'tax function of the future' and the provision of global enterprise tax solutions to the marketplace.
Mark Mendola, PwC Vice Chairman and Managing Partner, said: “The calibre of talent joining our firm from GE is remarkable. Integrating GE’s talent with PwC’s broad capabilities will allow us to deliver upon the Tax Function of The Future in an increasingly digitally enabled tax world.”
The arrangement with PwC comes after GE looked to reevaluate the optimum delivery of these critical global tax services now and into the future. The new Global Enterprise Tax Solutions team will sit within PwC Tax and will provide managed services not only to GE but also to other PwC clients as well.
The five-year, renewable agreement will be effective from 1 April 2017.
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