Career Moves this week: 7 February 2018

CA Today KL
By Eleanor O'Neill, CA Today

7 February 2018

Your weekly round-up of the CAs and other business professionals moving into new roles.

Alan Barr CA promoted to PwC Head of Deals in Aberdeen

Alan Barr CA has been named Head of Deals at PwC in the firm's Aberdeen Oil & Gas Centre of Excellence.

Alan was previously Director of Transaction Services and has been with the Big Four firm for nearly 20 years. He is a recognised expert in the field of M&A and spent over a decade leading PwC's Oilfield Services team. Alan qualified as a CA in 1998 with Coopers & Lybrand.

Lindsay Gardiner, Chair of PwC in Scotland, said: "Alan's appointment - and the development of the deals team in Aberdeen - reflects our ambition to continue growing and investing in our local markets.

"We are hugely committed to building the broadest team of sector specialists so that we can continue to help our clients not only be successful, but to swiftly and effectively deal with future challenges and opportunities as they arise."

Jim McKnight CA joins Houlihan Lokey as Managing Director in Sydney

Jim McKnight CA has moved into the role of Managing Director at global investment bank Houlihan Lokey to lead restructuring efforts in Australia.

Jim moved to Australia in 2002 to work with UBS as Head of Asia Pacific Restructuring and Head of Debt Advisory for Australia. Most recently, he spent four years with Fort Street Advisors as a Principal and Head of Restructuring. Jim qualified as a CA in 1989.

He commented: "Houlihan Lokey’s reputation as a stellar restructuring advisor for both companies and creditors is well-known, and joining a firm that consistently leads the bankruptcy and restructuring league tables around the world was a very easy decision.

"The firm’s growth and momentum in Australia represent an exciting opportunity for me, and I look forward to further enhancing client service and growing the firm’s client base in the region."

Robbie Drummond CA appointed Interim Managing Director at CalMac

Robbie Drummond CA has been announced as Interim Managing Director at CalMac Ferries.

He has been with the company since 2017 and previously worked with parent organisation David MacBrayne Limited as Group Finance and Transition Director. Prior to that appointment, he worked with Invocas Group, HBOS, Idesta Group, Thus and PwC. Robbie qualified as a CA in 1994 with KPMG.

David MacBrayne Chairman David McGibbon said: "The board is delighted that Robbie Drummond has accepted this appointment as interim managing director of CalMac Ferries Limited.

"Robbie’s experience as group finance director and, more recently, as interim director of service delivery will, I believe, stand him in good stead in the period ahead and even more so as we look towards the future."

FCA names new Chairman and Executive Director of International

Charles Randell has replaced John Griffith-Jones as Chairman of the Financial Conduct Authority (FCA). He will also Chair the UK's Payment Systems Regulator (PSR) from 1 April 2018.

Charles is a highly respected banking crisis lawyer and has served on the Bank of England's Prudential Regulation Committee (PRC). He is a Non-Executive Board Member of the Department for Business, Energy and Industrial Strategy.

The FCA have also announced the appointment of a new Executive Director of International. Nausicaa Delfas has been part of the regulatory body since 2012 and has over 25 years' experience in financial supervision.

Next Chief Economic Advisor to the Exchequer announced by HM Treasury

Clare Lombardelli has been named Chief Economic Advisor to the Exchequer and Director of General Economics by HM Treasury.

She will take up the role 3 April 2018 and is currently operating as Director of Strategy, Planning and Budget. Clare is the lead advisor to the Chancellor on fiscal events and is a member of the Treasury’s Executive Management Board.

She is the first woman to be appointed as Chief Economic Advisor.

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