Movers and shakers: December 2015
Your weekly round-up of the CAs and other business professionals moving into new roles.
Andy Laing CA the new CFO of Pyreos
Andy Laing CA has been appointed Chief Financial Officer of Edinburgh-based passive infra-red sensor developer Pyreos. The company said Andy’s appointment was part of an intensive recruitment drive “to take advantage of global market growth and new product development opportunities”.
Andy was previously with Archangels and raised more than £25m for small technology businesses. In the decade prior to joining Archangels, he held a number of board level finance roles in technology and marketing businesses, and worked for nanotech manufacturer Applied Materials.
Pyreos CEO, Andrew Wallace, said: “We are delighted to have attracted someone of Andy’s calibre and experience and he will be invaluable to the business. Following our latest round of funding, we have developed, patented and launched further sensor products.”
Fiona Luck CA joins Allied World Assurance Board
Allied World Assurance Company Holdings has announced the appointment of Fiona E. Luck CA and Patricia L. Guinn to its Board of Directors.
Fiona’s career history includes senior positions at XL Group plc, ACE Bermuda Insurance Ltd, and Marsh and McLennan, Inc. She is currently a member of the board of directors of the Bermuda Monetary Authority. Patricia retired from Towers Watson in June 2015 where she served as Managing Director of its Risk and Financial Services segment and a member of its Management Committee since 2010. Prior to this, she held a variety of leadership roles at Towers Perrin.
Scott Carmilani, Allied World's President and Chief Executive Officer, said: "Tricia and Fiona are terrific additions to our Board of Directors. Their extensive experience in the insurance and reinsurance industry will be a tremendous asset to Allied World. I look forward to working with both of them.”
EY client services role for Charlotte Nordberg
EY has announced an expansion of its financial services team in Scotland and the appointment of Charlotte Nordberg as director of client services for Scotland and North England.
Charlotte has 20 years’ industry and management consultancy experience and will manage the relationships of EY’s mid-tier banking clients. EY said her appointment highlights the continued growth of EY’s financial services team in Scotland, with staff numbers in this practice increasing by more than 40% between 2014 and 2015.
George Reid, partner and head of financial services at EY in Scotland, said: “Charlotte’s appointment demonstrates EY’s commitment to growth within Scotland’s financial services sector and our dedication to driving success in this industry.”
Andy Lees appointed Deloitte partner
Technology specialist Andy Lees has been appointed as a partner in the Deloitte financial services team.
Andy joins Deloitte from Capgemini, where he was the UK CEO of its financial services business. Before this, he worked for Atos Consulting as a managing partner and spent a number of years at KPMG in its IT advisory business.
David Rush, head of insurance at Deloitte, said: “Andy has a proven track record of creating innovative new technology solutions for the businesses he works with. With the fintech revolution gathering pace across financial services, his expertise will greatly help our insurance and banking clients.”
String of appointments at HBJ Gateley
Legal services firm HBJ Gateley has announced seven senior appointments, including six new partners.
Helena Brown from Burness Paul (intellectual property) and ex-McClure Naismith banking partner John Blackwood join the Edinburgh office, while Nick Taylor and Paul Ockrim join the Glasgow office from property-focused firm Leslie Wolfson & Co.
Corporate restructuring partner Addi Shamash - promoted from senior associate in Edinburgh - has joined the Aberdeen office, along with consultants Alison Sim and Philip Argo.
Senior partner Malcolm McPherson said: “These appointments absolutely reflect the requirements of clients and we’ll continue to look for people who can contribute to the growth of the firm.”
*Please note that Movers and Shakers will return on Wednesday, 6 January.
Movers and Shakers - W/C 9 December
London Stock Exchange role for David Nish CA
London Stock Exchange Group has announced the appointment of David Nish CA as Independent Non-Executive Director to its Board with immediate effect.
David was the Chief Executive Officer of Standard Life plc from January 2010 to September 2015 and, among other leading roles, he was previously the Group Finance Director of Scottish Power plc from 1999 to 2005, and a former Partner at Price Waterhouse.
The Group also announced the appointment of Professor Lex Hoogduin, current Chairman of LCH.Clearnet Group Limited, as a Non-Executive Director.
Group Chairman Donald Brydon said: “I am delighted to welcome Lex Hoogduin and David Nish to the Group Board. Both bring additional financial and capital markets experience, which will be of great value to the Group as we continue to strengthen our position as a leading, global markets infrastructure provider."
Stephen Davies CA the new CFO at VMob Group
Stephen Davies CA is the new Chief Financial Officer of New Zealand mobile marketing platform provider VMob Group Limited.
Stephen has held a number of other senior financial roles, including Group Financial Controller and financial projects executive with Rank Group. He has also held senior executive positions in New Zealand based organisations, including CFO of privately owned Metroglasstech and Cottonsoft
Stephen was educated in Glasgow and Edinburgh, and holds an MA in Economics and Accounting alongside his CA.
Christopher Mackay appointed Celtic Financial Director
Celtic Football Club has chosen Christopher Mackay, who was previously a Director in the insolvency and restructuring team at Deloitte, as its new Financial Director.
Christopher, who has extensive advisory experience in UK and international markets, qualified as a chartered accountant with Deloitte in 2000 and has spent the past 15 years within the financial advisory area.
Club Chief Executive Peter Lawwell: “We are delighted to welcome an individual with Christopher's qualities and experience to the Board at Celtic and I look forward to working with him as we take the Company forward."
FRC announces management changes
The Financial Reporting Council (FRC) has made changes to its executive structure to coincide with the announcement of its new three-year strategy.
Paul George will become Executive Director of Corporate Reporting and Governance, which includes the FRC’s role in actuarial policy. Melanie McLaren will be Executive Director of Audit, and this includes oversight of the audit, accounting and actuarial professions.
FRC Executive Counsel, Gareth Rees QC, will lead the Enforcement Division and join the Executive Committee. A new role of Executive Director Strategy and Resources will be created.
Movers and Shakers - W/C 2 December
Anderson Strathern role for Graeme Bissett CA
Graeme Bissett CA has been appointed to the board of Anderson Strathern as a non-executive director. Andersen Strathern said Graeme’s extensive corporate experience would be a great asset to the law firm..
Graeme is chair of Macfarlane Group plc and sits on the board of the Scottish Futures Trust (SFT) and the Court of the University of Glasgow, alongside a number of other positions. He is chair of the ICAS Oversight Board.
Robert Carr, chair of Anderson Strathern, said: “As well as being a great cultural fit and long standing friend of the firm, Graeme brings a new dimension to the board with his experience in the corporate world, in Scotland, the UK and internationally, especially with companies on a strong growth track.”
KPMG promotions for two CAs
KPMG is targeting growth in its audit, forensic, technology risk and tax teams in Scotland with promotions at partner and director levels.
Gordon Herbertson CA has been promoted to director, based in KPMG's Glasgow office. Gordon, who joined KPMG as a graduate in 1994, has a wealth of experience of the Scottish audit market and has spent 21 years working with large and listed companies.
Graham Cochran CA, a forensic specialist who has worked for KPMG within the UK and overseas, has also been promoted to director. Working alongside Ken Milliken, the head of forensic in Scotland, Graham will act as engagement leader on forensic engagements including fraud and misconduct investigations, disputes and valuations and fraud risk management assignments.
Sheila Pancholi joins RSM
RSM has welcomed back risk advisory partner and technology risk specialist Sheila Pancholi. Sheila, who has spent the last two years at PwC, has returned to RSM to support the continued development of its technology risk assurance services nationally, and be the key point of contact for IT advisory work with the RSM firm in the US. Sheila’s industry specialisms include retail and hospitality, FMCG and manufacturing.
Mike Gennard, head of specialist assurance services for RSM in the UK, said: ‘It is fantastic to have Sheila back at RSM where she will lead and further develop the firm’s technology risk assurance offering.”
Haines Watts welcomes David Doherty
David Doherty has joined Haines Watts as tax manager, in response to the firm’s growing demand for tax services. David joins from Chiene and Tait and has over 20 years’ experience as a private client tax consultant. He specialises in providing personal, capital gains and inheritance tax advice and guidance to high net worth individuals.
David Hughes appointed FD of Signature Private Finance
David Hughes has been appointed finance director of Signature Private Finance, the privately owned principal lender launched in 2013. He was previously chief financial officer at online loan provider MEM Consumer Finance Limited (trading as PaydayUK).
Vesuvius CFO role for Guy Young
Molten flow engineering company Vesuvius plc has appointed Guy Young as chief financial officer and as an executive director. Guy was CFO of Tarmac, the British building materials company.
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