BDO has announced the promotion of nine new partners across the UK.=
The promotions, which will be effective next month as of 2 July 2016, cover a broad spectrum of the firm’s service lines and regions.
The firm has also said it will continue to drive investment and recruitment at partner-level over the coming year in line with its 2020 plans.
The nine new partner promotions include four in BDO’s tax practice, which has grown 20% in the last year and faster than any other tax team in the top ten firms. They include Lee Bijoux (private client), Neil Brackstone, James Pratt and Glyn Woodhouse.
In the business assurance practice, Stuart Wood becomes an Audit partner, Tim Foster has been promoted in the Risk and Advisory Services (RAS) team and Liz Kulczycki in Not for Profit.
Ross McDonald becomes a partner in Debt Advisory and Richard Wiseman in Global Outsourcing.
The promotions, which span the firm’s London, Birmingham, Gatwick, Manchester and Reading offices, support BDO’s continuing focus on serving the mid-market (businesses with a turnover between £10m-£300m), as well as maintaining its position as number one for client satisfaction – a position it has held for four years running.
Simon Michaels, managing partner at BDO, said: “Developing and rewarding talent is an important part of our growth strategy. Each and every one of the nine new partners thoroughly deserves their promotion.
“It is an exciting time to be at BDO. We have an excellent market position and the financial strength to invest for the long term in our talent, technology and the new opportunities that an evolving market presents, particularly in respect of Public Interest Entities.”
BDO recently announced that Paul Eagland has been elected as the new managing partner following a vote of all its partners. Paul will take office on 1 October 2016 when Simon Michaels completes his second four-year term as Managing Partner of the firm.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars