Heer makes surprise move to help grow MGI in Dubai
Heer decides to join the small firm saying he's "looking for a more enterprising environment"
Sukhbinder Heer, a former managing partner of RSM Robson Rhodes, has hinted
that he left the firm in May because of a lack of entrepreneurial spirit among
the partnership.
A partner at Robson Rhodes for 23 years, Heer led the firm for the final two
years of his tenure. During his time at the helm, he doubled revenues to £85m,
but the firm’s inability to meet his bold target of becoming a £200m business by
2007 saw him stand down.
Heer has since made a surprise move to rapidly growing practice
MGI Wenham
Major. He said he had decided to join the small firm because of the
opportunity to pursue new ideas and grow swiftly.
‘Having worked for a large firm, I know how difficult it can be to move
quickly. At a small firm with an entrepreneurial spirit you can implement new
ideas and grow quickly. This was something that I tried to develop at Robson
Rhodes, but there were always a number of people that had to be moved along,’
Heer told Accountancy Age.
The appointment of Heer is a major coup for MGI. The firm grew by a
remarkable 248% over the past year, but with revenues of just £9.9m it is
unusual for it to have attracted an accountant of Heer’s experience and profile.
The former RSM Robson Rhodes head will lead MGI Wenham Major’s move into
Dubai. The firm will be only the second accounting group, after
PricewaterhouseCoopers, to set up an office in Dubai’s international finance
centre.
Heer said the Dubai business would focus on work in tax, consulting and
corporate finance. The firm will target high net worth individuals and
businesses in Pakistan and India that wish to list on the Dubai capital markets.
The new MGI Wenham Major arm opens for business in December and is expected
to employ up to 15 staff and generate revenues of £1m within a year.