Movers and Shakers June 2015
Your monthly round-up of who is moving where.
Alastair Marsh CA named Lloyd's Register CEO
Alastair Marsh CA is to succeed Richard Sadler as chief executive officer at Lloyd's Register, the leading technical and business services organisation. Richard will step down as CEO at the end of 2015, after eight years in the position.
Alastair joined Lloyd's Register as group financial controller in 2007 and was appointed as group finance director in 2008. Previously, he held a number of senior financial management positions, including CFO and company secretary of Superscape Group plc. Prior to that he had similar roles at Easynet Group plc, Laporte plc, and NCR Corp.
Alastair is a graduate in business studies and accounting from Edinburgh University, and a member of ICAS. He worked with Price Waterhouse for five years, in both its Edinburgh, Scotland, and Brisbane, Australia, offices, on a broad range of audit and corporate finance clients, covering a wide range of industries.
Ricahrd Sadler will pass the CEO role to Alastair Marsh on 1 October and begin a formal handover period until the end of December. Simon Nice, currently group FP&A director, will take up the role of interim group financial director during the transition
Rachel Sexton to tackle financial crime
Former KPMG partner Rachel Sexton has been named a partner with EY and will play a key role in the firm's Fraud Investigations and Disputes Services (FIDS) team.
Specialising in financial services, Rachel will work closely with clients when they are faced with regulatory investigations and enquiries related to economic sanctions, money laundering, financial misstatements and other types of fraud.
Sexton has more than 20 years' experience working with clients in the banking and insurance sectors in the UK, US, Germany and Switzerland.
Welcoming her new appointment, she said: "This is an exciting opportunity for me and I am very much looking forward to joining this dynamic team. Regulators are increasing their scrutiny of the financial services sector and this has resulted in a more complex regulatory landscape. It is, therefore, crucial that our clients are able to respond to regulatory investigations and enquiries in a timely and robust manner."
CA joins Canadian standard setters
Mark Macdonald CA has been appointed as a member of the Canadian Accounting Standards Board's (AcSB) private enterprise advisory committee.
Macdonald is currently a senior client relationship manager in commercial banking with Scotiabank in Halifax, Canada. As part of his three-year term on the board, Macdonald will assist the AcSB in maintaining and improving accounting standards for private enterprises.
Big Four board role for Ruth Markland
Deloitte has announced the appointment of Ruth Markland as an independent non-executive.
She succeeds Dame DeAnne Julius, former member of the Monetary Policy Committee, and will sit on the main board of partners for the UK firm, as well as Deloitte's public interest oversight committee.
Ruth is the senior independent director of Standard Chartered plc and The Sage Group plc, as well as a member of the supervisory board and chair of the remuneration committee at Arcadis NV.
David Cruickshank CA, chairman of Deloitte UK, commented: "We welcomed our first independent non-executive to our board in 2011. Since then they have made a significant contribution to our board's deliberations and decision-making, not only in relation to the public interest aspects of our firm's activities but also more generally on business and strategic issues.
"We are delighted to welcome Ruth to our firm. She brings a wealth of experience in so many areas that will be very valuable to us and to our wider stakeholders."
Other movers and shakers
Gareth Wilson CA, Prudential Assurance
Gareth Wilson CA has been named a principal auditor with Prudential Assurance. He joins the company from EY's Glasgow office where he was most recently a corporate governance executive. Previously Wilson was an assurance executive within the Big Four firm's banking and capital markets team.
Douglas Emery CA, Hardie Caldwell
Douglas Emery CA has been appointed a partner with Hardie Caldwell's business services skill group. Emery joined the Glasgow-based firm in 1998 and was promoted to manager upon qualifying as a CA. He has wide-ranging experience working with owner-managed businesses, dealing with all accounts, tax and business advice with specialisms in the healthcare and professional services sectors.
George Cobb CA, SSE
George Cobb CA has been promoted to group sustainability accountant with SSE. He joined the company in 2010 as a group auditor and was previously a senior associate at PwC. Cobb is currently convenor of the ICAS Sustainability Committee and vice chair of the capital investment group for The Prince of Wales Accounting for Sustainability project.
Rachel Keys CA, Edinbugh Airport
Edinburgh Airport has appointed Rachel Keys CA as its new head of commercialisation. She will lead the newly restructured team in various aspects of business to strengthen the airport's long-term commercial strategy. Keys spent more than decade with PwC Scotland where she was a director in the corporate finance team.
William Duncan + Co
Chartered accountants and business advisers William Duncan + Co continue expansion plans with the opening of a new office in Glasgow's city centre. Established in 1919, William Duncan operates throughout Scotland and has a total of 75 staff in offices in Ayr, Glasgow, Cumnock, Tarbert and Hamilton. The firm entered the Glasgow market in 2013 and appointed insolvency practitioner Annette Menzies to head up its corporate recovery team.
Anand Selvarajan, RSM
RSM has appointed Anand Selvarajan as its new European regional leader. He will work with the international network's member firms as they implement RSM strategies and programmes, focused on developing member firm growth and increasing cross-border activities. Selvarajan has previously held senior positions with Lloyd's of London, Merrill Lynch and RBS.
Will Thorp and Sanshia Tumblety, Standard Bank
Standard Bank has made two senior appointments within its UK operations. Will Thorp is named chief executive officer of Standard Bank Jersey, while on the Isle of Man, Sanshia Tumblety is promoted to head of banking propositions, international personal banking.
Will's appointment follows a 14-year career at Standard Bank. During the last decade, he has held a number of roles including finance director of the Bank's Russian operation based in Moscow, and global finance director – investment banking in both London and Johannesburg.
Sanshia was promoted from her position as product manager, deposits and banking at Standard Bank in the Isle of Man. She was previously with Britannia International for 11 years as a marketing manager.
David Dowell, BDO LLP
BDO LLP has announced the appointment of David Dowell who joins the firm as a senior manager in corporate tax in the Glasgow office. Dowell makes the move from Johnston Carmichael and previously worked for Coopers and Lybrand and EY.
Shaun Young, Cambell Dallas LLP
Campbell Dallas LLP has appointed Shaun Young as director of employer solutions, where he will develop a new service line within the firm's tax consultancy group, offering potential and existing clients expertise in employment taxation and employment matters. Young has worked with various companies, including Begbies Traynor, Schroders plc and, most recently, Grant Thornton.
Kenny McNeill, Johnston Smilie
Johnston Smillie has announced the promotion of Kenny McNeill to associate. McNeill joined the firm
in November 2004 and has a wealth of experience in advising both corporate and personal clients regarding tax-planning issues.
About Eden Scott
Eden Scott is a leading accountancy and finance recruitment firm, specialising in auditing, business services, consulting, energy, public practice and tax. From their offices in Edinburgh, Glasgow and Aberdeen, they utilise their market knowledge and unrivalled network to connect reputable businesses with world-class professionals across executive, permanent, interim and contract positions.