Dains' managing partner secures third term

by Kevin Reed

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25 Jun 2014

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Martin Smith and Spencer Wright

DAINS chief executive Spencer Wright has been re-elected to run the firm for a third term.

Wright joined Dains in 2004 as head of corporate finance, and was elected managing partner in 2007. The term lasts for three years.

The Top 50+50 firm, based in the Midlands, won Mid-Tier Firm of the Year at the 2013 British Accountancy Awards. The firm expects to break the £10m barrier for fee income this year, having posted £4m when Wright first took on the role.

"I am extremely proud to be elected chief executive once again of such a great business and take it as a real vote of confidence from the partnership," said Wright. "Our success is the result of sheer hard work by the executive board and collaboration by all of our dedicated partners and staff across the business, and by sticking to our core focus on our clients and steadfastly pursuing our clear strategic vision first laid out in 2007."

Martin Smith has been re-elected as senior partner for a second term. He has served with the firm for 19 years, with the last 17 as partner and head of business recovery and insolvency.

"The role of senior partner evolves all of the time as we constantly move forward - but some things must not change: maintaining the integrity of the firm, the culture and our values - one of my biggest challenges is to lead change whilst preserving what is good about Dains."

Picture (l-r): Martin Smith and Spencer Wright

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