Practice News: ICAS appoints new president
A round-up of the latest news, appointments, executive moves and acquisitions from the world of practice during April 2015.
Jim Pettigrew appointed new ICAS president
27 April – Jim Pettigrew has become the new President of ICAS.
His career has included roles as CFO of ICAP, COO of Ashmore Group, and chief executive of CMC Markets.
Currently, Pettigrew is the chairman of Clydesdale Bank and Edinburgh Investment Trust, deputy chairman of Royal Bank of Canada and non-executive director of a number of companies, including Aberdeen Asset Management.
Dundee-born Mr Pettigrew takes over the presidency from Jann Brown, former managing director of Cairn Energy, and will serve for the next 12 months.
“I now look forward to working on behalf of the 20,400 ICAS members and the wider profession in the public interest over the next 12 months,” said Pettigrew
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Saffery Champness appoints new head of national not-for-profit group
27 April – Saffery Champness has named Liz Hazell as head of its national not-for-profit group.
Hazell has more than 20 years’ experience of working with major charities. Before joining Saffery Champness last year, she was head of charities at PwC, where she was responsible for their approach to servicing more than 400 audit and non-audit charities.
“I am privileged to lead this talented team, which I believe to be unique among our competitors,” said Hazell. “Our strength is founded on an ethos of strong client relationships and true partner-led service, and also the desire and capacity to take on some of the most interesting and ground-breaking work that the not-for-profit sector has to offer.”
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Baldwins buys out Cox Jerome
20 April - Midlands accountancy firm Baldwins Accountants has bought out Cox Jerome in a deal which will see it grow its team in Walsall to 35 staff.
The acquisition will also see Baldwins, which has 13 offices stretching from Nottingham to Wales, move from its headquarters in Lichfield Street in Walsall to the larger Cox Jerome offices just a few doors away.
John Baldwin, who joined his father’s firm 44 years ago, said the move would serve both firms well and bring mutual benefits:
“This is a common sense move,” he said. “We have been looking to grow our presence in Walsall and our strength, size and expertise will add a great deal to existing clients of Cox Jerome.
“It also means that we can look to further grow our client base in the area and the move of premises will allow us to expand our team still further.
“The two companies have obviously been aware of each other over many years, and we see this as a natural progression for Baldwins.”
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New partners at Saffery Champness
16 April - Top 20 firm Saffery Champness has revealed five new additions to its partnership including James Bramsdon, Adam Kay, David McGeachy, Moses Nyachae and Sally Thomas.
Bramsdon joined Saffery Champness from RSM Tenon in 2012, and plays a key role within the firm’s entertainment and creative industries practice. Kay has been a key member of the transaction tax team in the firm’s London office for 12 years. McGeachy joined Saffery Champness as a VAT senior manager in September 2013, and his previous experience includes roles at both PwC and KPMG.
Nyachae joined the firm from RSM Tenon in 2012 at the same time as Bramson, and also plays a key role within the firm’s entertainment and creative industries practice.
Thomas joined the Harrogate office of Saffery Champness three years ago, and previously worked for PwC in Leeds.
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Hurst makes partner promotion
16 April - Accountancy firm and business adviser HURST has promoted Mike Jackson to partner in its business services team.
Jackson joined the firm from Deloitte in 2004 as an audit senior and became an associate partner in 2010.
He provides audit and assurance advice to owner-managed businesses and companies which trade internationally.
He also has a business development role at HURST and has helped the firm to win a string of notable clients over the past 12 months, including Manchester-based school wear business David Luke and Stockport wholesaler Alan Howard, which supplies products to hairdressing and beauty salons.
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Baker Tilly reveals new partners
1 April - Baker Tilly has promoted a record 13 new partners around the UK and across all service lines effective from 1 April.
The new Partners are Victoria Craven, Richard Eccles and Perry Linton in audit and assurance; Chloe Ellis, Joan Foster and Helen Relf in tax; Jason Stone and James Wild in corporate finance; Fiona Miller, Diana Frangou and David Taylor in the restructuring and recovery practice; and Sandra Snow and David Hilland in the national HR and IT support departments.
Managing partner Laurence Longe said: “It is a real measure of the success of our long-term investment in our training and development programmes that so many talented individuals within the firm and from around the country have this year been promoted to partner.
“It is also particularly pleasing that more than half of this round of promotions are women and so better reflect the gender diversity of our staff.”
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Promotions at Duncan & Toplis
1 April - Duncan & Toplis has created three new directors at the firm.
Karen Taylor at the Newark office and Kay Botley, based at the Sleaford office, have both been promoted to associate director, while Graeme Hills has also taken up a new position as a director at the Grantham office.
The combined experience of 40 years will strengthen the firm’s senior management team.
Adrian Reynolds, managing director of Duncan & Toplis, said: “I’d like to congratulate Karen, Kay and Graeme on their recent promotions. Their new roles are a recognition of their hard work and ability which has not gone unnoticed.